Funded

Total loan: $1,500
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A loan of $1,500 helped to purchase a taxi.


Raed's story

Raed is a 39-year-old married man and a father to one son. He lives in Jabalia refugee camp where there are few chances of jobs.

Raed wants to start his new project as a taxi driver and he wants to have his own taxi to meet the increasing demand of customer requests. Raed has some money but not enough to purchase the taxi, so he is requesting a loan from FATEN to purchase the taxi. Taking this loan will allow Raed to own the taxi and take internal and external requests, which will improve the family's income positively.

Raed is photographed next to his taxi.



Loan details

Loan length:

27 months
Disbursed date: September 24, 2012
Facilitated by Field Partner: Palestine for Credit & Development (FATEN)

Lenders and lending teams



Loan details

Loan length:

27 months
Disbursed date: September 24, 2012
Facilitated by Field Partner: Palestine for Credit & Development (FATEN)