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Raed is a 28-year-old married man from Deir el Balah. He is a father of one small son. One year ago, Raed started his own project which is raising sheep. It is a good business and earns a good income. Raed would like to improve his business and expand it.

Raed took a USD loan from FATEN. This loan will help him to buy more sheep for his farm. By taking this loan, Raed's productivity of milk and dairy products will increase.

Raed appears in the photo in his farm.

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
  • 71
    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 $1,250 helped Raed to buy more sheep for his farm.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Apr 23, 2014
Apr 25, 2014
Currency Exchange Loss:
Jan 17, 2015