ACAD: The Arab Center for Agricultural Development was established in 1988 as a project aimed at building the economic capacities of small farmers, who were facing risks of collapsing during the Palestinian First Intifada, through in-kind financing.
In 1993, this project was institutionalized as a center specialized in financing small Agricultural enterprises.
In 2003, ACAD expanded to the rural financing in addition to diversification sectors. The support services were expanded to include infrastructure, water, baseline organizations and cooperative societies in the marginalized rural areas.
Since the launch of the finance project ACAD has financed 14,773 projects, in addition to financing 30 cooperative societies.
In 2014 ACAD Finance (ACADF) Company has been founded by ACAD NGO, Several highly reputable international investors joined ACAD NGO as shareholders with 5.35$M equity.
ACAD and ACADF maintains 7 branches and two offices in the West Bank/Gaza, in addition to the head office in Ramallah with total 67 staff .
Country : Palestine
Type of member : Full membership
Type of organization : Social finance institution
Website : http://www.acad.ps/