Adam

Palestinian Territories

100%
Adam needed £4,427.67 for his business.

Amount requested:

£4,427.67

Repayment term:

36 months

Activity type:

Other

Partner:

Reef Finance

Please note: due to the insecurity in the West Bank there are significant risks of delayed repayments or default on this loan. We have written a blog giving full detail of how we are working with our partner to support people's livelihoods. You can find the blog in the About Us section of the Lendwithcare website. Or you can email [email protected]

Adam is a 22-year-old living with his family in Nablus City, located in the north of the West Bank. He owns a tire shop which he established three years ago, where he sells a variety of tires and rims for different cars.

With the strategic location of his store, Adam has gained a reasonable customer base. Currently, he earns approximately $700 per month and has two employees to assist him with the store.

To expand his business, Adam has requested a loan to purchase tires and rims in bulk from a wholesaler. By buying in large quantities, he hopes to receive a discount which will increase his profit margins. Adam is driven to provide for his wife and children financially, and plans to continue doing so long into the future.

Loan added: 4 April 2023

Adam's loan repayment schedule

Date Expected repayments Actual repayments
£402.52
£385.88
£0.00
£0.00
£0.00
£0.00
£21.28
£20.99
£86.00
£86.00
£87.79
£87.79
£89.61
£88.31

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.

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