Funded

Total loan: $2,000
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Mohammad

Palestine
gaza, Palestine / Grocery Store

A loan of $2,000 helped to buy display refrigerators, an electricity generator, shelves and a banner for the name of the store.


Mohammad's story

Mohammad is 20 years from Gaza. He is an ambitious guy who wants his own start-up project to open a grocery store.

He asked Ryada for this loan in order to buy display refrigerators, an electricity generator, shelves and a banner for the name of the store. He hopes that this loan will help him open his project and provide him with a stable source of income to build himself a better 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 his or her 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

Loan length:

29 months
Disbursed date: October 2, 2012
Facilitated by Field Partner: Vitas Palestine

Lenders and lending teams



Loan details

Loan length:

29 months
Disbursed date: October 2, 2012
Facilitated by Field Partner: Vitas Palestine