Yousef is a university student in his last year. He studies agriculture and the environment. Yousef likes this specialization because he would like to work in agriculture after finishing his studies.
Yousef took a USD loan from FATEN. This loan has helped him buy a new laptop for his studies. With his new laptop, Yousef will be able to do his homework and write his reports more easily.
Yousef appears in the photo.
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.
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.
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