Funded

Total loan: $1,200
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Tareq

Palestine
Palestine / Taxi

A loan of $1,200 helped to purchase spare parts for his taxi.


Tareq's story

Tareq is a 27-year-old young man. He is married and a father of one son. His wife is a housewife and he is employed but earns a low salary, which is not enough to cover all the costs.

For the past four years, Tareq has been driving a taxi, which has been a profitable project and a second source of income for the family, but also needs more support to cover the costs from time to time.

Tareq is requesting a loan from FATEN to help him cover the costs of purchasing necessary spare parts for the taxi he drives. This will increase the taxi capacity to work extra hours and enable Tareq to take additional internal and external requests, which will improve the family's income positively.

Tareq is photographed next to his taxi.



Loan details

Loan length:

21 months
Disbursed date: October 8, 2012
Facilitated by Field Partner: Palestine for Credit & Development (FATEN)

Lenders and lending teams



Loan details

Loan length:

21 months
Disbursed date: October 8, 2012
Facilitated by Field Partner: Palestine for Credit & Development (FATEN)