Palestine (West Bank/Gaza)
Haneen is 19 years old. She lives with her parents in a town located near Ramallah City in the West Bank.
Haneen is a young entrepreneur and has already managed to establish her own small tailoring shop as a means to generate an income and support her family. She started her business two years ago and she has good experience in this field. Also, she employs another woman and she gives her a monthly income of 500 USD. Haneen earns around 150 USD a week. In her business, she offers many services such as cutting, tailoring and designing clothes. She plans to expand her business so she has requested a loan to buy two more sewing machines. The sewing machines she will buy will be a dot machine, which will cost around 2,600 USD and the other one is an iron machine for approximately 1,000 USD. The rest of the loan will be used to buy fabrics and raw materials in bulk. Haneen hopes that the investment in her business will enable her to increase her profits so that she can provide a better income for her family. She intends to repay the loan over 38 months in monthly installments. She has been given a two month grace period so she can see the return on her investment before she needs to start repaying her loan.
Loan added: 23 January 2023
Haneen's loan repayment schedule
| Date | Expected repayments | Actual repayments |
|---|---|---|
| £402.54 | ||
| £0.00 | ||
| £0.00 | ||
| £23.23 | ||
| £83.30 | ||
| £84.82 | ||
| £86.37 |
The above amounts are indicative, based on the exchange rate the day this loan was added to the website. The actual amounts you will receive will be based on an exchange rate at the time the repayment is returned to your account. See our Help Centre for more information.