Microfinance in Palestine:
Key statistics, MFIs, networks, funders and service providers.
The latest articles about microfinance in Palestine.
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May 25, 2012 - 4:00pm
from MicroCapital
ResponsAbility Social Investments, a Swiss microfinance investment manager, has reached six investment deals with three microfinance institutions (MFIs)in Africa. Two loans each were disbursed to Kenyan Women Finance Trust (KWFT), a Kenyan MFI; MicroCred Ivory Coast, an MFI affiliated with MicroCred Group of France; and Promotion of Rural Initiative and Development Enterprises Limited (PRIDE), an MFI based in Tanzania.
ResponsAbility SICAV Mikrofinanz-Fonds (rAMF), a microfinance ...
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May 24, 2012 - 5:01am
from MicroCapital
Switzerland’s responsAbility Social Investments AG recently reported to MicroCapital that it has made investments equivalent to USD 6.9 million in Bolivian microfinance institution (MFI) Crecer and Colombian MFI Fundacion Mundo Mujer (FMM) Popayan. Crecer received USD 750,000 from the responsAbility SICAV Mikrofinanz-Fonds (rAMF) and USD 2.5 million from the responsAbility Global Microfinance Fund (rAGMF). FMM Popayan received the equivalent of USD 3.6 million in local currency, USD ...
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May 9, 2012 - 3:11pm
from MicroCapital
UK-based financial services company HSBC (formerly known as the Hongkong and Shanghai Banking Corporation), Dubai-based microfinance investor Grameen-Jameel and Bankers without Borders (BwB), a program of the US-based Grameen Foundation, are partnering to provide financial and technical expertise to microfinance institutions (MFIs) in the Middle East and North Africa. Starting in 2012, HSBC staff based in the United Arab Emirates (UAE) will be deployed to provide technical assistance to ...
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April 25, 2012 - 1:42pm
from MicroCapital
Grameen-Jameel Microfinance Limited, a joint venture of the US-based Grameen Foundation and the UK-based Abdul Latif Jameel Foundation, reportedly has provided a loan of USD 1.5 million to the Jordan Micro Credit Company (Tamweelcom), a Jordan-based microfinance institution (MFI). The investment is expected to fund loans to approximately 4,000 micro-entrepreneurs inJordanover an unspecified timeframe. Grameen-Jameel made its first loan to Tamweelcom in 2008 in the amount of USD ...
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April 19, 2012 - 2:50pm
from Microfinance Nigeria
From IRIN
The demand for microloans has risen steeply in the West Bank and Gaza Strip in recent years, according to data from the Palestinian Network for Small and Microfinance (Sharakeh), which represents 11 microfinance non-profit institutions whose total loan portfolio was US$75 million by the end of 2011.
Between 2007 and 2011, the number of ...
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April 19, 2012 - 2:47pm
from Microfinance Africa
From IRIN
The demand for microloans has risen steeply in the West Bank and Gaza Strip in recent years, according to data from the Palestinian Network ...
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April 19, 2012 - 11:02am
from Google news - microfinance
Ma'an News AgencyMicrofinance on the rise in Palestine, despite the risksMa'an News AgencyRAMALLAH (IRIN) -- The ...
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April 17, 2012 - 2:01pm
from Google news - microfinance
Alrafah Microfinance Bank Q1 net profits surge 89.3 per centCPI FinancialNet profit before taxes reached $610300, compared with a net profit before taxes of $322370 from the first three months of 2011, a net increase of 89.3 per cent, ...
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April 13, 2012 - 1:07pm
from AidData: The First Tranche
China is making their presence known in the Caribbean with gifts of sports stadiums, schools, and power plants. Meanwhile, it seems no one can get aid to northern Mali where rebels have trapped citizens and created complete instability. There is a lot of discussion on ...
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March 22, 2012 - 1:59pm
from Global development: Poverty matters blog | guardian.co.uk
There has been a girls' school at Irbid refugee camp in northern Jordan since 1952. No one could tell me how many girls attended the school at that time, but now it operates a shift system to cope with demand. About 850 girls attend the imaginatively-titled Irbid camp girls' school number 1 five days a week, meeting for classes between 7am and 11.30am. ...
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March 15, 2012 - 2:06am
from MicroCapital
Switzerland’s responsAbility Social Investments AG recently reported to MicroCapital that it has invested USD 1.5 million in Georgia’s Constanta and USD 2.5 million in Tajikistan’s Bank Eskhata. Constanta borrowed USD 750,000 each from two microfinance investment vehicles – the responsAbility Global Microfinance Fund (rAGMF) and responsAbility Mikrofinanz-Fonds (rAMF) while Eskhata borrowed USD 2.5 million from rAGMF.
Constanta has been working in Georgia since 1997, providing ...
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February 7, 2012 - 5:51pm
from Microfinance Focus
Microfinance Focus, February 7, 2012: Switzerland’s social investment company responsAbility has recently launched a Fair Trade Investments Fund which will finance the short-term working capital needs of fair trade institutions.
The Fair Trade Fund made its first investment in Canaan Fair Trade, a company that sources products from and provides services to fair trade cooperatives in the West Bank, Palestine.
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February 2, 2012 - 2:00pm
from CGAP Microfinance Blog
For the Arab World, 2011 was historic. The Arab Spring, ignited in Tunisia, quickly spread to Egypt, Libya, Syria and other Arab countries. The year brought much hope and a sense of opportunity as Arabs from the Atlantic Ocean to the Arabian Gulf saw the possibility of a future without dictatorship, corruption and hypocrisy – the reasons ...
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December 29, 2011 - 9:05am
from MicroCapital
Grameen-Jameel, a joint venture of the US-based Grameen Foundation and the UK-based Abdul Latif Jameel Foundation, recently announced in its first “partners’ meeting” that it has reached 1.5 million clients through its partner microfinance institutions (MFIs) [1]. Grameen-Jameel, which deems itself a “social business,” supports MFIs by providing loans for early-stage MFIs and guarantees for MFIs seeking to access local-currency commercial loans. As of November 2010, Grameen-Jameel ...
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December 20, 2011 - 6:04pm
from Creating a World Without Poverty
Alex Counts is president, CEO and founder of Grameen Foundation, and author of several books, including Small Loans, Big Dreams: How Nobel Prize Winner Muhammad Yunus and Microfinance are Changing the World.
Last week I had the pleasure of visiting the historic city of Istanbul for the first time, on the occasion of the ...
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December 8, 2011 - 11:35pm
from CGAP Microfinance Blog
The Arab Spring took everyone by surprise. There was a series of underlying factors, among them being a young and growing population, the need for improved education levels for men and women, and decreasing fertility rates, all leading to a vast number of people seeking better economic and social opportunities and ...
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September 22, 2011 - 1:06pm
from Global development: Poverty matters blog | guardian.co.uk
As Friday's expected Palestinian bid for UN membership draws closer, an overlooked issue is the untenable situation of the Palestinian population, who are subjected to collective poverty, misery and desperation, and the role that international humanitarian assistance plays in ...
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July 15, 2011 - 12:29pm
from Microfinance Nigeria
From CPI Financial
Grameen-Jameel, the first social business in the Middle East, and the Al-Karama microcredit to promote Moroccan microenterprises, signed a loan agreement of $500,000, payable over three years.
The signing took place in Casablanca in the presence of Julia Assaad, General Manager of Grameen-Jameel and Mr. Abdelmajid El Gasmi,President of Al-Karama microcredit. The loan agreement, the culmination of six years of technical and financial ...
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July 15, 2011 - 12:24pm
from Microfinance Africa
From CPI Financial
Grameen-Jameel, the first social business in the Middle East, and the Al-Karama microcredit to promote Moroccan microenterprises, signed a loan agreement of $500,000, payable over three years.
The signing took place in Casablanca in the presence of Julia Assaad, General Manager of Grameen-Jameel and Mr. Abdelmajid El Gasmi,President of Al-Karama microcredit. The loan agreement, the culmination of six years of technical and financial ...
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July 15, 2011 - 5:03am
from MicroCapital
The Overseas Private Investment Corporation (OPIC), a US government agency that supports private sector development, has approved USD 250 million in loan guarantee facilities each in Egypt and Jordan for local banks that lend to small and medium-sized enterprises (SMEs), microfinance institutions (MFIs), non-banking financial institutions (NBFIs) and “other approved borrowers.”
CHF International and the Middle East Investment Initiative (MEII), two US-based nonprofit organizations ...
