Last Updated on: 1 March 2013
In 2012, despite the worsening political unrest, the First Microfinance Institution Syria (FMFI-S) continued to pursue its objectives of providing a broad range of financial services to the poor and the underserved in rural and urban areas of Syria.
Starting in July 2012, with the deterioration of the security, Aleppo and Damascus branches were closed sporadically. FMFI-S suspended disbursement of new loans in Aleppo and limited disbursements in Damascus since then.