Micro-enterprise Financing Program - Safa Bank
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Micro-enterprise Financing Program

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.
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