Funded

Total loan: $1,500
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Mohammad

Palestine
Palestine / Taxi

A loan of $1,500 helped to buy a new engine for his taxi.


Mohammad's story

Mohammad is a 31-year-old married man, and he is a father to three sons and one daughter. Mohammad is employed and gets a small salary, which is not enough to cover all the family's needs. For the past three years, Mohammad has been driving a taxi, which has been a profitable project and a second source of income for the family.

Mohammad is requesting a 1,500 USD loan from FATEN to help him cover the costs of purchasing a new engine for the taxi he drives. This will increase the taxi's ability to work extra hours and will enable Mohammad to take additional internal and external requests, which will improve the family's income positively.

In the photo, Mohammad is in front of his taxi.



Loan details

Loan length:

27 months
Disbursed date: April 10, 2013
Facilitated by Field Partner: Palestine for Credit & Development (FATEN)

Lenders and lending teams



Loan details

Loan length:

27 months
Disbursed date: April 10, 2013
Facilitated by Field Partner: Palestine for Credit & Development (FATEN)