Background

  • 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.  

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Mission

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.  

Values

  • Integrity
  • Quality service
  • Transparency
  • Fair practices
  • Member confidentiality
  • Collaboration 

Our Advantages

 Sharakeh has vast proven experience in the following areas:

  •  Development of the industry
  • Representation of the sector 
  •   Information center and information dissemination
  • Provider for variety of services
  • Training
  • Product development
  • Advocacy and Lobbying

 

Goals

 •   Leading top quality policy dialogue with the key stakeholders, including MFIs, government and donor agencies and clients;

•   Fostering innovation and best practices by researching and highlighting leading trends in technological developments, product diversification and new financial services;

•   Promoting industry transparency and standards in financial and social performance;

•   Strengthening the capacity of MFIs through needs-based training, technical assistance and peer exchanges;

•   Transitioning from an emerging institution to a member-driven, financially and operationally viable network that consistently delivers relevant and high quality services to its members and the industry at large.

 

 

Background

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.  

About Us

 Sharakeh is considered a link connecting microfinance institutions together and maintaining open communication channels for dialogue amongst institutions and other actors in the field. Sharakeh provides its members with a variety of services and activities to enhance its employees’ abilities and thus its performance, to help microfinance institutions reach and maintain operational and financial sustainability. 

Sharakeh believes that good management of the Microfinance industry at the national level, in addition to the provision of financial services to owners of small enterprises in a systematic manner, would activate the potential capabilities within the sector of small enterprises and increase its contribution to the Gross National Income, thus increasing the welfare of individuals. According to the Sharakeh’s estimates, Palestinian economic activities depend to a large extent on the increasing growth of small enterprises.

Goals

  •  •   Leading top quality policy dialogue with the key stakeholders, including MFIs, government and donor agencies and clients;

    •   Fostering innovation and best practices by researching and highlighting leading trends in technological developments, product diversification and new financial services;

    •   Promoting industry transparency and standards in financial and social performance;

    •   Strengthening the capacity of MFIs through needs-based training, technical assistance and peer exchanges;

    •   Transitioning from an emerging institution to a member-driven, financially and operationally viable network that consistently delivers relevant and high quality services to its members and the industry at large.

     

     

Values

    • Integrity
    • Quality service
    • Transparency
    • Fair practices
    • Member confidentiality
    • Collaboration