Funded

Total loan: $1,000
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Hanaa

Palestine
gaza, Palestine / Beauty Salon

A loan of $1,000 helped to buy dyes, makeup, hair dryers, and other tools needed for the salon.


Hanaa's story

Hanaa is 22 years old from Gaza. She is married and lives with her husband's big family.

She asked Ryada for this start-up loan loan in order to help her open a beauty salon. She needs to buy dyes, make-up, hair dryers, and other needed tools for the salon. She hopes that this loan will help her start a good business and thus improve her income, allowing her to move to another house with her husband and children.

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

Loan length:

29 months
Repayment schedule: Irregularly
Disbursed date: October 26, 2012
Facilitated by Field Partner: Vitas Palestine

Lenders and lending teams



Loan details

Loan length:

29 months
Repayment schedule: Irregularly
Disbursed date: October 26, 2012
Facilitated by Field Partner: Vitas Palestine