Project Description
The project will support Palestine for Credit and Development (FATEN), a leading microfinance institution in the West Bank and Gaza, to develop a comprehensive risk management framework. It will include the following key project activities: 1. Develop a risk management function with a clear organizational risk policy and risk management manual; 2. Operationalize board committees (audit, risk and asset/liability); 3.Develop tailored and relevant risk management tools in order to help FATEN better manage its credit, operational and liquidity risks; and, 4. Build the capacity of the board, senior management and relevant staff.