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Ahmad is a 31 years old, a married man from Deir el Balah city. He lives with his wife and one small son. Ahmad has a barber shop. it has been working for four years. It is a good business and he has his loyal customers. Ahmad would like to improve his barbershop and expand it.

Ahmad took a USD Murabaha loan from FATEN. This loan will help him to improve his barbershop by redecorating and buying new tools for his work. By taking this loan, Ahmad will be able to increase his productivity and make his shop more attractive and modern.

Ahmad appears in the photo.

Additional Information

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.  


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.


About Palestine

  • $4,900
    Average annual income
  • 82
    View loans »
    Palestine Loans Fundraising
  • $14,460,450
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,125 helped Ahmad to improve his barber shop by redecorating and buying new tools for his work.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Feb 11, 2014
Feb 26, 2014
Currency Exchange Loss:
May 17, 2015