Start your project and enter the business world with confidence and safety
The Micro-enterprise Financing Program helps you start your project, as you can obtain financing to develop your micro-enterprise with a ceiling of 10,000 USD, and with a repayment period of up to 48 months, through the Sustainability Fund in cooperation with Palestine Monetary Authority (PMA).
Definition of a Micro-enterprise according to the PMA:
A project (business) that employs less than 4 people and its average sales do not exceed 100,000 US Dollars per year.
The Program aims at:
- Providing new products and services.
- Enhancing the resilience of professionals and craftsmen and maintaining their production.
- Creating new work opportunities for youth, women, and marginalized segments and contributing to fighting poverty.
- Enabling micro-enterprises and enterprises to continue in the production cycle and to maintain job opportunities.
- Developing women-owned enterprises, developing products and projects that take into account gender, and creating special outlets for women.
- Providing financing and reviving micro-enterprises to enable them to continue operating.
Program Benefits:
- Provided at no cost. The Bank will not apply any profits or commissions on financing.
- Financing cap of up to 10,000 USD.
- Payment duration of up to 48 months.
- A grace period of up to 12 months.