Investment funds in local SMEs - proposed transaction - FATEN - Palestinian Territories

With more than 26.000 clients, FATEN is the leading microfinance institution (MFI) in the Palestinian Territories. However, the expectation is that with an increasing shift towards SMEs, FATEN’s portfolio could continue to grow at a faster pace than before. Therefore, DGGF will complement FATEN’s current financiers by providing a subordinated loan of USD 5 million, specifically aimed at allowing the institution to scale up their SME portfolio.