Investing in Employment in the Middle East and North Africa Region

SANAD Entrepreneurship Academy

Investment Project Portfolio Palestinian territories

Partner institution Vitas Palestine
Country Palestinian territories
Counterparty sector Microfinance
Signing date March 2017
Financial Instrument Senior loan
Size USD 5.0 million
Project description and objectives Support Vitas Palestine to pursue its ambitious growth plan and provide much needed financing to micro and small enterprises in the West Bank and Gaza.



Partner institution Asala for Credit and Development
Country Palestinian territories
Counterparty sector Microfinance
Signing date November 2016
Financial Instrument Senior loan
Size USD 1.5 million
Project description and objectives Support the expansion of lending services to micro-entrepreneurs, in particular to female clients in rural areas, which constitute Asala’s main target group.



Partner institution Faten - Palestine for Credit and Development
Country Palestinian territories
Counterparty sector Microfinance
Signing date August 2016
Financial Instrument Senior loan
Size USD 5.0 million
Project description and objectives Support the continued expansion of lending services to micro-entrepreneurs as well as very small, small and medium-sized enterprises in the West Bank and Gaza.



Partner institution Vitas Palestine
Country Palestinian territories
Counterparty sector Microfinance
Signing date March, 2015
Financial Instrument Senior loan
Size USD 2,500,000
Project description and objectives Support Vitas Palestine to pursue its ambitious growth plan and provide much needed financing to micro and small enterprises in the West Bank and Gaza.



Partner institution Faten - Palestine for Credit and Development
Country Palestinian territories
Counterparty sector Microfinance
Signing date November 2014
Financial Instrument Senior loan
Size USD 5.0 million
Project description and objectives Support the continued expansion of lending services to micro-entrepreneurs as well as very small, small and medium-sized enterprises in the West Bank and Gaza.


Partner institution Reef Finance
Country Palestinian territories
Counterparty sector Microfinance
Signing date December, 2013
Financial Instrument Senior loan
Size USD 500,000
Project description and objectives Support Reef Finance to grow its financing to rural underserved areas and agricultural clients in particular, which are important as they absorb a large share of informal employment, raise income in rural areas and strengthen food security



Partner institution Faten - Palestine for Credit & Development
Country Palestinian territories
Counterparty sector Microfinance
Signing date December, 2012
Financial Instrument Senior loan
Size USD 2 million
Project description and objectives Support the expansion of lending services to micro-entrepreneurs and very small enterprises. Over 1,000 additional clients are expected to benefit from SANAD’s credit facility across the West Bank and Gaza.

 



 
Initiated
|
Advised by
 
  • http://www.kfw-entwicklungsbank.de/
  • http://www.finance-in-motion.de/
 
 
Funded by
 
  • http://www.bmz.de/
  • http://ec.europa.eu/
  • http://www.kfw-entwicklungsbank.de/