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Ahmad
Ahmad is 18 years old and from Gaza. He is working on a start up project and owns a grocery store. He asked Ryada for this start up loan in order to buy a refrigerator and some goods, as well as install shelves. He hopes that this loan will help him start his own project and increase his 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

More information about this loan

This loan is helping support a borrower who is 30 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 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
  • 54
    View loans »
    Palestine Loans Fundraising
  • $10,514,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $2,000 helped Ahmad to buy a refrigerator and some goods, as well as install shelves for his start up.
61% repaid
Repayment Term
41 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 12, 2013
Listed
Mar 22, 2013
Currency Exchange Loss:
N/A