Microfinance department annual report 2015

Friday, August 19, 2016

Despite operating in a challenging context, especially in Syria and Gaza, the Department of Microfinance continues to serve small and micro businesses and the enterprise community, as well as the poor, vulnerable households of the Palestine refugees, women-headed households, young micro-entrepreneurs, and other marginalized groups operating their businesses in the informal economy.

Over the course of 2015, the Department of Microfinance issued 38,193 loans valued at US$ 37.90 million, bringing the cumulative investment since 1991, the year in which the Department was established, to 398,154 loans valued at US$440.41 million.

© 2016 UNRWA Photo