Investment funds in local SMEs - transaction - FATEN (renewal) - Palestinian Territories
FATEN (Palestine for Credit & Development) is the leading microfinance institution (MFI) in the Palestinian Territories. DGGF's loan will provide essential support to FATEN’s solvency and allows it to continue to grow its loan portfolio to SMEs who need longer-term funding. The loan will contribute to further economic development in a country that has a very challenging macroeconomic and political environment, and is heavily affected by economic blockades, wars, and other conflicts and crises over time.