A loan of $2,000 helped to buy shelves, refrigerators, an electrical generator, and a glass door for his grocery store.


Saddam's story

Saddam is 22 years-old from Gaza. He is married and lives with his wife and a baby girl. He asked Kiva partner Ryada for this start-up loan in order to buy shelves, refrigerators, an electrical generator, and a glass door for his new grocery store. He hopes that this will increase the goods diplayed and thus improve his income. Ryada's Startup Loan is exclusively for borrowers who are beginning new enterprises and 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