Funded

Total loan: $1,825
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A loan of $1,825 helped to buy a new engine for his taxi.


Imad's story

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.



Loan details

Loan length:

21 months
Disbursed date: June 18, 2013
Facilitated by Field Partner: Palestine for Credit & Development (FATEN)

Lenders and lending teams



Loan details

Loan length:

21 months
Disbursed date: June 18, 2013
Facilitated by Field Partner: Palestine for Credit & Development (FATEN)