She asked Ryada for this start up loan in order to start up her project of a beauty salon, and to buy some used furniture and some cosmetics.
She hopes that this loan will help her build a career and provide her children with a better life.
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.
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 PalestinePalestinians 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.
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This loan has been fully funded!