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Mohammad
Mohammad is 21-years-old from Gaza. He is a carpenter and has three years experience working as an employee in carpentry. He asked Ryada for a start-up loan in order to start-up his own carpentry business and to buy tools, such as a cutting machine for his new projects. He hopes that this loan will help him start his own business and provide him with a sustainable income.

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 into 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.

Additional Information

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.

About Palestine

  • $2,900
    Average annual income
  • 43
    View loans »
    Palestine Loans Fundraising
  • $10,587,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Mohammad to start up his own carpentry business and to buy tools, such as a cutting machine for his new projects.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 12, 2013
Listed
Mar 22, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2014