A loan of $3,000 helped to buy an incubator and rabbit enclosures for his farm.

Mohammad's story

Mohammad is a 26-year-old married man from Gaza. He owns a small plot of land on which he raises rabbits. He has five years of experience in this activity, and this month he obtained a Startup Youth Loan from Ryada to begin working independently.

Mohammad works with his wife and one other employee on their new farm, and they have big dreams for the future. Through this loan and hard work, they hope to increase their stock of rabbits so that they can begin to work with distributors. Mohammad and his wife are working to increase their family income and improve their standard of living. The purpose of this loan is to buy an incubator and rabbit enclosures.

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.

Loan details

Lenders and lending teams

Loan details