This loan is part of FATEN’s efforts to meet the urgent needs of people in Gaza in light of the recent violence in the coastal strip. It will target Gazans who had parts of their houses or businesses damaged during the recent conflict. Support from Kiva lenders is especially important during this time of crisis in Gaza, as Kiva funding will allow FATEN to offer this product at a lower interest rate and with more flexible loan terms. This loan will target existing FATEN clients as well as new clients in need. By funding this loan, you are helping someone who has been directly affected by the recent conflict begin to rebuild their home or business at a price they can afford.
About Palestine for Credit & Development (FATEN):
Palestinians face unique challenges due to the economic and political environment in the West Bank and Gaza. Click here to learn moreabout how Kiva and FATEN are working to help Palestinian borrowers overcome these obstacles and how your support can make a difference.
A loan of $1,050 helps to make repairs to his house.