The Palestinian Network for Small and Micro Finance
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Acronym
Sharakeh
Type
Non-Governmental
Details

Sharakeh represents and promotes the development of an efficient and transparent microfinance industry, by rigorously advocating for member interests, providing members with high quality services, facilitating appropriate industry policy development, and actively promoting the industry with the general public and potential microfinance partners.

In 2002, nine microfinance institutions and programs shared the belief in the power unity creates, and realized the need to establish a networking body that coordinates, represents and provides services to active MFIs in the West Bank and Gaza Strip. In 2004, the Palestinian Network for Small & Microfinance (herein referred to as “Sharakeh”) was registered as a non-governmental not-for-profit organization at the Palestinian Ministry of Interior, under the registration number RA-22248-B. Its by-laws were set, goals and strategies discussed and agreed upon, and the efforts started to tailor activities in order to reach these goals. The original microfinance institutions and programs who took it upon themselves to establish the organization were ASALA, ACAD, FATEN, UNRWA\MMD, ANERA, PARC, CHF, PDF & YMCA, in addition to Al Ameen company in the Gaza Strip, who later on ended membership due to its registration as a for-profit company, which contradicts Sharakeh’s by-laws.

City
Ramallah
Address
Al-Bireh
Country
Palestine
Website Address

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