MFR is announcing that, after 5 years from the last assignement, it will be back in Palestine to conduct a Social Rating and a Microfinance Institutional Rating for Faten, the largest MFI in the country. This is an important step in the microfinance market of Palestine, as there haven’t been any ratings in the region from any rating agency since 2011.
Faten is a national non-profit organization in Palestine, and it is considered a prominent leading enterprise, providing diversified and sustainable financial services to entrepreneurs and small/micro enterprises, leveraging on technology to contribute to the empowerment of the family and the development of Palestinian society.
Prior to working with Faten, MicroFinanza Rating conducted other assignments in Palestine for main MFIs in the sector, including Asala and UNRWA, a United Nations project for Palestinian refugees.
The onsite mission, starting on the 16th of November, will last one week and the assignment will be concluded in January 2017.