Sara is a 20-year-old young woman. She is married to Mahmoud and a mother to one son. Sara's husband is employed and makes a low salary, which is not enough to cover all his family's needs.
For the past three years, Sara's husband has also been raising and selling sheep and sheep products, which has been a profitable project but also needs more support to cover the family's needs.
Sara is requesting a USD Murabaha loan from FATEN to help her husband cover the costs of purchasing more sheep. This will increase sales and improve the family's income.
More information about this loan
This loan is governed by Islamic lending principles. Because Islamic Law prohibits the charging of interest, FATEN is charging 0% interest on this loan. This is a Murabaha loan, which means that FATEN purchases goods for borrowers and charges a fee or mark-up. Click here to learn more about this loan type and Kiva's approach to lending in the Islamic world.
About FATENPalestinians face unique challenges due to the economic and political environment in the West Bank and Gaza. Click here to learn more about how Kiva and FATEN are working to help Palestinian borrowers overcome these obstacles and how your support can make a difference.
104View loans »