Himed took a USD loan from FATEN. This loan will help him to buy a solar system for heating water and a tank for his home. By taking this loan, Himed will be able to provide hot water in the winter using cheap energy. This will improve the family's living conditions.
More information about this loan
This loan is part of FATEN's green loan program, which helps clients to gain access to environmentally friendly products that reduce pollution in Palestine. The loan will specifically be used to purchase solar panels, usually used to heat water. In addition to being environmentally friendly, Palestine suffers from high electricity prices and power outages are a common occurrence, especially in the Gaza Strip. By supporting this loan, you are helping people in Palestine reduce their utility costs ensure a more reliable source of electricity.
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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Success!! The loan was 100% repaid