The Stichting European Palestinian Credit Guarantee Foundation (EPCGF) is the first operating guarantee scheme in palestine designed for small and medium Enterprises. It aims to contribute to economic development by stimulating investments in MSMEs through loan guarantees, lending, investment in innovative projects, and technical assistance support.Learn more
This significant growth not only underscores the foundation's growing impact but also highlights its ability to facilitate access to finance for the Palestinian small and medium-sized enterprises (SMEs) sector. Such a substantial increase in approved loans represents EPCGF's commitment to fostering economic development and financial empowerment.
This quarter's portfolio distribution reflects an expansion of financial inclusion, through the products that aim to facilitate 'Access to Finance' for New Clients without any credit history.
As part of its portfolio diversification approach, the Foundation has actively fostered the growth of the agriculture sector under the newly introduced “EU Mandate” products.
The Foundation is committed to extend these retreats to its partner financial institutions in the near future/ when the situation permits.
The regular scheme initially launched by the EPCGF is an ongoing loan guarantee program that covers diverse sectors and geographical areas in the West Bank, including East Jerusalem, and the Gaza Strip.
The joint initiative launched by EPCGF in the beginning of FY 2023 focuses on extending loan guarantees to partner banks and Microfinance Institutions (MFIs) in marginalized areas, including East Jerusalem, Area C, and the Gaza Strip
Breakdown as a Percentage of EPCGF’s Total Portfolio