The Micro lending project funded by the Palestinian Arab Women League and the Medical Aid for Palestinians is a group lending project.
This initiative enables Palestinian people living in the camps to initiate and/or sustain small businesses and helps them secure their families. The collective aspect of the activity also builds mutual trust and strengthens solidarity between individuals within the same community.
Loans are provided to micro entrepreneurs working in any business sector. Loan amount starts at $500 and may extend to $1,000 at the second loan cycle. Grace period is one month and repayment schedule if one for year.
Who is eligible for these loans?
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Group of five individuals who manage, or plan to establish their different own business activities.
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Palestinians residing in one of the following camps:
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Baddawi Camp – Tripoli
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Narh El-Bared Camp – Tripoli
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Ein El-Helweh Camp – Saida
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Burj El-Shamaly Camp – Tyre
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Age between 21 and 61
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Entrepreneurs who have a business and would like to develop it
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Ambitious people who would like to establish a new enterprise