NEAR EAST FOUNDATION LAUNCHES SIRAJ FINANCIAL SERVICES TO EXPAND MICRO AND SMALL ENTERPRISE FINANCING IN NORTHERN SYRIA
BRUSSELS, Feb. 16, 2024 /PRNewswire/ -- Near East Foundation (NEF) today announced the establishment of Siraj Financial Services (SFS), a new social enterprise operating in Northern Syria.
- BRUSSELS, Feb. 16, 2024 /PRNewswire/ -- Near East Foundation (NEF) today announced the establishment of Siraj Financial Services (SFS), a new social enterprise operating in Northern Syria.
- Near East Foundation announces the establishment of a new social enterprise operating in Northern Syria.
- SFS, operating as a non-banking financial institution (NBFI), will upscale and commercialize NEF's successful micro and small enterprise (MSE) financing program, which has been operating in the region since 2021.
- To date, Siraj Financial Services has dispersed 3,500 loans totaling $4 million to Syrian MSEs.