The programme was launched to promote poverty reduction in the occupied Palestinian territories through access to promotional social safety net activities package and financial services.
The programme has developed a model for poverty eradication to support the ongoing national cash assistance program and offer an exit strategy from chronic cash programs and the targeting strategy that includes:
- poverty scoring and livelihoods assessment;
- the Islamic micro-finance revolving fund, the business development serves model supporting finance;
- the cooperation/referral model with social service providers at local levels.
Due to access to a package of financial and non-financial services that address the needs of poor families 13,500 Palestinian families have enabled to escape from poverty by establishing micro and small individual and joint enterprises and becoming entrepreneurs. These families are no longer dependent on aid and are themselves employers and contributors to national production.
The programme has transformed lives of poor families from recipients of aid to producers and service providers in a sustainable manner using innovative business development and partnership solutions including solidarity and risk-sharing financing and investment products.
The model can be scaled up and replicated in the countries of the regions that face similar challenges as low economic development, unemployment and poverty. Currently the program is being exported to Libya and Tunisia under the leadership of the Islamic Development Bank and with technical support from UNDP.
Partners: The Islamic Development Bank (IsDB), the United Nations Development Progam (UNDP), The Palestinian Government represented by the ministries of Social Affairs, Planning, and Labor, and Palestinian civil society organizations.
Nasser Al-Faqih - Poverty Reduction Team Leader - UNDP/PAPP
Tel: +970 599 11 88 13, +972548174162