Asala for Credit and Development

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.