Sharakeh managed to create a strong foundation for an interactive relationship with the Palestine Monitory Authority (PMA), the monitor and supervisor of the financial service providers, as declared by the Palestine National Authority (PNA) late 2007.

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

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

Administrative Assistant – Responsible for efficient administrative policies and practices and helping execute administrative and human resource policies and procedures effectively and accurately.

 

General Manager - Responsible for strategic and operational planning, fund raising, staff management, representation at different related stakeholder levels, activity implementation, and monitoring and evaluation

 

The Palestinian Network for Small and Micro Finance

The Palestinian network for Small and Microfinance is a local Palestinian association that represents a forum of small and Microfinance Institutions (MFIs) in Palestine. It is functioning as a voluntary coordinating body that speaks for Microfinance Non-profit Palestinian institutions that aim at providing financial services and loans to small business

SPM

The Palestinian network for small and microfinance “Sharakeh” held its monthly meeting on 24/4/2012 about social performance management at Sharakeh’s office in presence of:

Privacy Policy

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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.  

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