Funded

Total loan: $3,000
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Zaid

Palestine
Ramallah, Palestine / Internet Cafe

A loan of $3,000 helped to buy tables and computers so he can open his own internet cafe business.


Zaid's story

Zaid, who is 24 years old, is from Ramallah. He has been working in a shop where he sells mobile phones for the past six years. He asked Ryada for this youth loan in order to buy tables and computers so he can open his own internet cafe business.

Zaid hopes that this loan will help him improve his income and provide his wife with a better life.

Ryada's start-up 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 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:

42 months
Repayment schedule: Irregularly
Disbursed date: March 28, 2013
Facilitated by Field Partner: Vitas Palestine

Lenders and lending teams



Loan details

Loan length:

42 months
Repayment schedule: Irregularly
Disbursed date: March 28, 2013
Facilitated by Field Partner: Vitas Palestine