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Majdi is a 26-year-old married man from the city of Deir al-Balah. He lives with his wife and one small kid in a simple house. For the past year, Majdi has been working in a grocery store he owns. It is a good business and the only one in his area. Majdi would like to improve his business and expand it in the future.

Majdi took a Murabaha loan from FATEN. This loan will help him to buy more basic grocery products for his store to resell. By taking this loan,
Majdi will be able to improve his store and increase the volume of sales.

Majdi appears in the photo in his grocery store.

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
  • 73
    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 $1,150 helped Majdi to buy more basic grocery products for his store to resell.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
May 8, 2014
Jun 5, 2014
Currency Exchange Loss:
Jul 17, 2015