Phase II of the Revolving Credit Fund Initiative in Northern Aleppo Completes the Disbursement of Loans and Training Activities

Aleppo - Tuesday 13 January 2026 - The Syria Recovery Trust Fund (SRTF), in collaboration with the Near East Foundation (NEF), has successfully completed the distribution of 1,245 loans to eligible borrowers under Phase II of the livelihoods project, “Revolving Credit Fund to Support Livelihoods Recovery in Northwest Syria”.

Of the total loans disbursed, 583 were micro-loans with an average value of USD 843 and a repayment period of 21 months; 344 were agricultural loans averaging USD 1,884 with a repayment period of 23 months; and 318 were development loans averaging USD 1,840 with a repayment period of 21 months.

Throughout the disbursement period, NEF continued to provide training sessions to borrowers at its Siraj Centres. These sessions focused on business development, financial literacy, marketing and market access, and life skills, with the aim of strengthening borrowers’ capacities and improving the sustainability of their businesses.

The financial support provided through the project enables borrowers to establish new enterprises or expand existing small and micro businesses across various sectors, including agriculture, trade, and industry. This contributes to the project’s overarching objective of enhancing livelihoods, reducing unemployment, and revitalising the local economy as funds continue to revolve across different sectors.

With a total budget of approximately EUR 2.94 million, the project will directly benefit 1,245 individuals and their family members over a 20-month period, while also indirectly benefitting wider community members through the continued circulation of the revolving funds.

For more information on this project, visit:

Revolving Credit Fund (RCF) to Support Livelihoods Recovery in Northwest Syria – Phase II

For more information on the SRTF, visit:

http://www.srtfund.org

Media outlets may contact:
communications@srtfund.org