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The Foundation

Establishment 

Asala Company for Credit and Development (Company) was founded in 2014 in compliance with the new banks law of Palestine, which also covers lending institutions. The law and the procedures of the Palestine Monetary Authority require that lending programs be provided by private joint stock company registered with the Ministry of National Economy and authorized by the Palestine Monetary Authority. Asala Company for Credit and Development was registered on November 4, 2014; registration number is 562528471. Authorization for Asala Company for Credit and Development was received on October 28, 2014 from the Palestine Monetary Authority.

Our Message

ASALA company for Credit and Development is a Palestinian development company that works on supporting and empowering women and youth through providing financial services appropriate for them to create and develop productive projects as well as creating permanent job opportunities in order to achieve sustainable development and fight poverty in Palestine. 

Our Goals

● Contribute to the social and economic empowerment of women in order to guarantee their active participation in Palestinian society.

● Ensure sustainable efficiency of the company’s financial services for the owners of microenterprises.

● Empower and strengthen the company’s institutional and organizational capabilities continuously.

● Contribute to the economic empowerment of youth and create job opportunities for them.

Our Vision

Strengthen the successful active participation of Palestinian women through economic activity. 

Our Values 

Accountability, professionalism, transparency, commitment, contribution, solidarity, innovation, empowerment

                                             “Our hands are yours .. and your hands make the difference”

This slogan came from our vision to serve segments of Palestinian society that are less fortunate, to believe that empowering those segments and their success are inseparable from the company’s prosperity and success.

Investors​

 
 


ASALA was established in 1997 under the name Center for Women’s Economic Projects (CWEP) and registered as a non-governmental organization (NGO) under the current name in 2001. ASALA’s mission is and has always been to provide services that help women in poverty to change their lives, their social position, and their future by enabling and encouraging their successful participation in sustainable economic activities.




 

The Palestine Investment Fund aims to achieve the greatest positive impact on the main economic indicators by investing in strategic projects in the developing and vital sectors.
The fund was established in 2003, and it is a public joint stock company registered with the Ministry of National Economy. The fund invests in strategic sectors such as the energy sector, both conventional and renewable, agriculture, health, education, infrastructure and industrial zones, real estate, technology, and entrepreneurship in Palestine.







Investors

ASALA was established in 1997 under the name Center for Women’s Economic Projects (CWEP) and registered as a non-governmental organization (NGO) under the current name in 2001. ASALA’s mission is and has always been to provide services that help women in poverty to change their lives, their social position, and their future by enabling and encouraging their successful participation in sustainable economic activities.
Read more
The Palestine Investment Fund aims to achieve the greatest positive impact on the main economic indicators by investing in strategic projects in the developing and vital sectors.
The fund was established in 2003, and it is a public joint stock company registered with the Ministry of National Economy. The fund invests in strategic sectors such as the energy sector, both conventional and renewable, agriculture, health, education, infrastructure and industrial zones, real estate, technology, and entrepreneurship in Palestine.
Read more
MEET THE EXPERTS

Board Members

Belal Abu Hijleh

Chairman

Finance Manager
for National Beverage
Company since 2007. 

Ashraf Ibrahim

Debuty Chairman

 Chief Financial Officer for Palestine Investment Fund since mid of 2021. 

Irena Kawwas

Secretary

Marketing Director for Unipal General Trading Company since 2016

Dima Qassis

Board Member

           Busineesswoman                                                                                                         

Michael Hajal

Board Member

Chief Investment Officer for Palestine Investment Fund since 2020

Team

Rasha Qawasi

Executive Director

Executive Director for Asala Company for Credit & Development 

Maher Dirbas

Financial Manager

Financial Manager  since 2014                                                         

Inam Zaqout

Credit Operations Manager

Credit Operations Manager since 2016                                    

Rola Tadros

Credit & collections follow-up Manager

Credit & collection follow-up Manager  since 2015

Manal Ghannam

Administrative Manager

Administrative Manager  since 2019                                                            

Our Team With Skills

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John Doe

John Doe

Risk Management

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Sharon Brinson

Sharon Brinson

CEO

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Felix Mercer

Felix Mercer

HR Manager

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Financial Research
Quality Resourcing
Business Consulting

What Customers Say

“Success can come at the age of sixty as well.”

“I’ve always dreamt of owning a candy factory, and thanks to ASALA, my dream is now reality.”

“The most important reason behind my project’s success… is rejecting what I was surrounded with.”