In the Middle East and North Africa, access for new businesses to bank lending is limited, particularly for micro, small and medium sized enterprises. The objective of IFC PEP-MENA’s Leasing Program is to increase the usage of leasing in the region to improve access to finance for small enterprises and strengthen the capacity of the financial sector. In particular, the program seeks to:
- Create appropriate legal frameworks and tax regimes for leasing operations
- Build capacity of lessors, lessees, equipment manufacturers and suppliers, regulatory agencies, governments institutions and others to facilitate the usage of leasing
- Increase public awareness about leasing and its benefits to the economy
- Create opportunities for domestic and foreign investment in leasing
The Leasing Program currently operates in Afghanistan, Jordan, West Bank & Gaza and Yemen. In addition, the program has helped build capacity of select financial institutions in several countries, including Algeria.
What Does the Program Offer?
Expected Outcomes
Key Achievements
Eligible Partners & Clients
Examples of Projects
For additional information contact:
Thomas Jacobs
Operations Officer
E-mail:
tjacobs@ifc.org
Murat Sultanov
Leasing Specialist
E-mail:
msultanov@ifc.org