Funded

Total loan: $1,875
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Mohammad


A loan of $1,875 helped to buy a solar system for heating water for his home.


Mohammad's story

Mohammad is a 36 years old married man from Rafah city. He lives with his wife and four small kids (two sons and two daughters) in a small simple house in the city. Mohammad is an employee in the public sector where he gets a low income. This is the only source of income to the family. Mohammad and his wife would like to improve the family living conditions and buy all the needed stuff. Mohammad took a USD Murabaha loan from FATEN. This loan will help him to buy a solar system for heating water for his home. by taking this loan, Mohammad will be able to provide a hot water for his family especially in the winter with less electricity costs and with using clean energy Mohammad appears in the photo



Loan details

Loan length:

27 months
Disbursed date: November 14, 2013
Facilitated by Field Partner: Palestine for Credit & Development (FATEN)

Lenders and lending teams




Loan details

Loan length:

27 months
Disbursed date: November 14, 2013
Facilitated by Field Partner: Palestine for Credit & Development (FATEN)