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Mar 15, 2016 2:58 EST

Moustafa: The only breadwinner for his family, a loan of $2,000 helps buy new accessories and gifts to sell at his stall.

iCrowdNewswire - Mar 15, 2016

Moustafa

 
Moustafa
Moustafa is a 21-year-old single man from Rafah, Gaza Strip, which is both a city and a refugee camp. He lives with his family in a small, old house. He is the only breadwinner for his family, and they depend on him for support.

Moustafa has a store for selling accessories and gifts in the city. It is a good business and provides him with a good income, but the economic situation in the Gaza Strip is bad because of the latest conflict.

Moustafa took a USD loan from Palestine for Credit & Development. This loan will help him to buy new accessories and gifts to sell at his store. He hopes that this new inventory will enable him to increase his sales, increase his customers, and eventually save enough income to cover his family expenses.

Additional Information

More information about this loan

This loan is helping support a borrower who is 35 or under. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

About FATEN

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.

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Moustafa

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