Engy is a married woman from Jabalia. She lives in a small house with her husband and seven children -- three sons and four daughters. Engy's husband is an employee with a very low salary. This salary barely covers the necessary family needs.
Engy would like to improve her house's condition by buying new living room furniture. Engy took a USD loan from Palestine for Credit & Development (FATEN). Taking this loan will offer to Engy and her family comfortable furniture, so they can enjoy living in their house.
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.
About Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.
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