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Khaled
Khaled is 25 years old. He is a single man from Rafah city. He lives with his parents in a very simple house in the city. For the past few years, Khaled has been working in a store where he sells coal. It is a good business and it is the only one in his area. Khaled took a USD loan from FATEN. This loan will help him to buy more coal for his store to resell. This will increase his income especially for the winter season. Khaled would like to take a bigger loan in the future to expand his store. Khaled appears in the photo in his coal store.

Additional Information

More information about this loan

This loan is helping support a borrower who is 35 or under. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

About FATEN

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.

Tags

About Palestine

  • $4,900
    Average annual income
  • 84
    View loans »
    Palestine Loans Fundraising
  • $13,140,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Khaled to buy more coal for his store to resell.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 16, 2013
Listed
Oct 13, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 21, 2015