The SRTF disburses funds to local entrepreneurs in Northeast Syria
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“Establishing a Revolving Fund to Support the Restoration of Livelihoods in Northeastern Syria – Phase I”.
This intervention will support economic advancement and stabilization in NES through the creation of a Revolving Credit Fund (RCF). The RCF will provide financial and non-financial support services to 480 local entrepreneurs in Ar-Raqqa, Deir Ez-Zor, and Al-Hasakeh.
The SRTF and NEF will disburse small loans to 480 entrepreneurs through three community-based livelihood hubs (Siraj Centers) established in the aforementioned governorates.
This intervention has a budget of EUR 1.25 million and focuses on improving household economies by providing micro loans, development loans, and two-stage loans paired with complimentary support services to accelerate the growth and sustainability of small and micro-enterprises. This effort is addressing a critical gap in services, establishing a credit facility
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