A loan of $1,375 helped buy refrigerator for home use.

Jacklen's story

Jacklen is a conservative person who prefers not to have her photo published online, so her husband appears in her Kiva profile photo.
Jacklen is a 54-year-old woman. She is a housewife and a mother to one son. Her husband earns a pension which is low and not enough to cover the family's need.
Jacklen wants to offer better house living conditions to her family, so she is requesting a loan from FATEN to cover the cost of purchasing a refrigerator which the family will use for preserving food at their house. Taking this loan will create healthy and suitable living conditions for Jacklen and her family.

About Shariah-compliant lending:
FATEN offers loan products that are designed to serve borrowers all over Palestine, including some religiously conservative areas. A key tenet of Islam is the prohibition of interest in the lending or accepting of money. This prohibition is based on the belief that money should be seen only as a medium of exchange and that it has no value in itself. FATEN has adapted the terms of this loan to fit the cultural context by attaching a 0% interest rate to the loan. In order to cover its costs, FATEN does charge a servicing fee. The amount you see fundraising includes both the principal loan and the loan servicing fees. As with all Kiva loans, you should expect to have your funds returned to you in accordance with the repayment schedule attached to this loan. For more information on lending in the Muslim world, please visit Kiva's Muslim World Lending helptext: http://tinyurl.com/3aekx8m.

Loan details

Lenders and lending teams

Loan details