The damage to the Palestinian economy and infrastructure during the Al Aqsa Intifida by the Israeli Occupation has created the need to provide support to the Palestinian Small and Medium Enterprises (SMEs) that forms the backbone of the Palestinian economy and proved to survive, generate income and create employment opportunities under difficult economic conditions.
The Palestinian Development Fund (PDF), a subsidiary of the Palestinian Banking Corporation (PBC) has established a special Small Lending Unit (SLU) to meet the financing needs and growth potential of the Palestinian SMEs by the beginning of March 2001. The main aim of this unit is to provide financial and complementary advisory services to Palestinian SMEs to help them improve and develop their business operations and create much needed employment opportunities in the Palestinian economy.
