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Imad is a 42-year-old married man from Gaza city. He lives in a small house with his wife and seven sons. Imad works as an employee in the public sector and gets a low income. This income barely covers the family needs, so de decided to have another job. Imad has also worked as a taxi driver since one year ago. It is a profitable job, but not easy. Imad works extra hours at night to get a decent income so he and his family can live in good conditions.

Imad took a Murabaha loan from FATEN. This loan will help him to buy a new engine for his taxi because the old one is fully depreciated. This will increase the taxi capacity and will reduce using fuel.

Imad is pictured in front of his taxi.

Additional Information

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.  


Palestinians 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 Palestine

  • $4,900
    Average annual income
  • 108
    View loans »
    Palestine Loans Fundraising
  • $14,228,150
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,825 helped Imad to buy a new engine for his taxi.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Jun 18, 2013
Jul 19, 2013
Currency Exchange Loss:
Feb 17, 2015