Khadija is 30 years old and is from Gaza. She is married and has 4 children, three of them at school.
Khadija asked Ryada for this start-up loan in order to open her own business and open a beauty salon. Through this loan Khadija will buy furniture, hair dryers, an electricity generator, makeup and cosmetics. She hopes that this loan will help her increase the family income to provide her children with a better life and education. The person who appears in the picture is Khadija's husband since she refused to be photographed due to cultural habits.
Ryada's Startup Loan is exclusively for borrowers who are beginning new enterprises, not for existing projects. To qualify, a borrower must show a clear business plan and realistic potential for success. The borrower must also invest their own money and resources; at least 50 percent of the startup enterprise. Ryada believes strongly in the potential of these borrowers and grants them a three month grace period to help them get their business off the ground.
About Vitas Palestine
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 Vitas Palestine are working to help Palestinian borrowers overcome these obstacles and how your support can make a difference.