A loan of $1,275 helped to buy new living room furniture.


Lubna's story

Lubna is a conservative person who prefers not to have her photo published online, so her husband, Mohammad, appears in her Kiva profile photo.

Lubna is a 30-year-old, married, young woman and a mother to two sons and two daughters. Lubna's husband is employed and gets a low salary that is not enough to cover all the family's needs.

Lubna is requesting a USD Murabaha loan from Palestine for Credit & Development (FATEN) to help her cover the cost of purchasing new living room furniture in order to improve the living conditions of her family in the house. Taking this loan will offer to Lubna's family comfortable furniture, so they can enjoy living in their house.

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 in fund-raising 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