Palestinian Territories
Loan description:
Mohammed is 21 years old. He lives with his parents and his four brothers in Kufr Aqab near Ramallah. Mohammed owns a greengrocer shop. He started his business a year ago and he now sells many kinds of fruit and vegetables to local customers. He pays 300 dollars a month in rent for his shop. He plans to buy more stocks of fruit and vegetables and to do some renovations to his shop so he has asked for a loan from Reef Microfinance. His monthly profit is 600 dollars. He believes that with this investment, he will be able to attract more customers in order to increase his income. He intends to repay the loan over 36 months.
Loan added: 4 June 2018
Mohammed's loan repayment schedule
| Date | Expected repayments | Actual repayments |
|---|---|---|
| £378.79 | ||
| £105.22 | ||
| £105.22 | ||
| £105.22 | ||
| £105.22 | ||
| £105.22 | ||
| £105.22 |
The above amounts are indicative, based on the exchange rate the day this loan was added to the website. The actual amounts you will receive will be based on an exchange rate at the time the repayment is returned to your account. See our Help Centre for more information.
