Egyptian President Hosni Mubarak and Syrian President Bashar Assad (AP)
Investments of partner organizations
$110 million = Overseas Private Investment Corporation (OPIC)
$50 million = Palestinian Investment Fund (PIF)
$10 million = The Aspen Institute/Middle East Investment Initiative (operating capital)
Total amount of investments
$160 million = Amount available to guarantee loans for small- and medium-sized enterprises (SMEs)
70% = percentage of loan MEII will guarantee
$68 million = Amount of potential loans made available by local banks that are not guaranteed (30% of loan)
$228 million = total amount of potential loans made available due to MEII
Needs of economic market
$647 million = Amount of credit needed by Palestinian SMEs
38% = Potential share of credit demand MEII will provide
Size of loans provided
$10,000 - $500,000 = Range of loans provided
$50,000 - $100,000 = Estimated size of average loans
Palestinian economic market in 2006
$4.394 billion = GDP
$534 million = Total exports
$3.479 billion = Total imports
23.6% = Unemployment level
44%= Poverty level
Basis for provided loans
The goal of the program is for businesses to access credit which will allow them to improve their productive capacity. Loans are provided through local banks on a per-project basis.
Sources: Aspen Institute - Middle East Investment Initiative; The Portland Trust; European Union

