About us
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(EPCGF) witnessed a 57% decrease in the second half of 2024 compared to the same period in 2023.
The total number of loans guaranteed by the European Palestinian Credit Guarantee Foundation (EPCGF) witnessed a 57% decrease in the second half of 2024 compared to the same period in 2023.
This decline is largely attributed to the impact of the ongoing war and the adverse current economic situation, which primarily affected the credit growth and expansion of our partner financial institutions (FIs).
Additionally, the 4Q 2024 portfolio data shows a distribution of loans across sectors, with the trade sector accounting for the largest share (49%), followed by the health sector (19%), while the agriculture sector received (6%).
Despite reflecting the general economic distribution, the current loan portfolio reflects the challenges facing the various sectors under the current circumstances and underscores the need to take further measures to support marginalized and affected sectors.
Programs
Regular Scheme
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.
Energy Loans Product
Loan guarantees that help Palestinian enterprises seize the opportunities offered by energy and environmental transitions.
Start-ups
Represents guarantee provided to loans which aim to grow an existing business that has been trading for a minimum of 24 months.
Estidama
This is a joint venture launched with the Palestine Monetary Authority (PMA).
EU Mandate
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
Trading
63%
Industry
9%
Agriculture
7%
Tourism
1%
Others
20%
Founding Institutions
Partner Institutions
