Rural Women Cooperative Association for Saving & Credit - Tubas

The Rural Women Cooperative Association for Saving and Credit was founded officially in 2013, with an aim to enhance the Economic and social abilities of its members in Palestinian Villages, and enhancing their abilities in obtaining resources and managing them.

The Cooperative Association now consists of 7 groups including 175 contributing members until the end of 2019.

Vision:

A pioneer local association that provides financial services, specially (Saving and Credit) to its members, it has a vital role in providing a better life for its members in all life aspects, and it is an example of how giving, contributing in cooperation should be.

Mission:

Independent feminine cooperative association, practicing (Saving and Credit), along with other development activities, aiming to develop rural Palestinian women, especially in Palestinian villages and enhancing the living circumstances of members.

Target Group:

The association targets female members from different areas of Tubas, who are 18 years old or above (No maximum age limit is determined), but its priorities for the next five years are youth between the ages of 18 and 45 years old.

Lending product characteristics:

Affiliation Fees 10

 

Loan characteristics:

Product Name Loan Limit (JOD)
General Loan 4,000

 

  2018 2019
Number of groups 7 7
Number of active members by the end of term 211 175
Total Value Shares (End of term’s balance) 45,219 54,148
Total Saving’s Value (End of term’s balance) 12,501 10,517
Total number of loans 321 343
Total number of issued loans 491 545
Total Value of issued loans 737,114 902,314
Number of active loans 120 126
Active Portfolio Value (outstanding balance of loan principal) 179,058 190,086