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Palestine for Credit and Development (FATEN)
Sector
SME Finance
Type
Direct Lending
Geography
MENA
Amount
$2,000,000
Year
2023
FATEN is a not-for-profit company with a mission to serve the financial needs of low- and middle-income Palestinian entrepreneurs and individuals. It became licensed and monitored by the Palestine Monetary Authority in 2014 and is currently the largest microfinance institution in the West Bank and Gaza.