A loan of $2,000 helped to start a business selling cosmetics and perfumes.

Mohammad's story

Mohammad is 18 years old and from Gaza. He has asked Ryada for this start-up loan in order to start his own new business, a shop in which he sells cosmetics and perfumes to women. He hopes this loan will help him start his project, which will provide him with a good income to build his future.

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 start-up 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