Calvert Impact Capital invests $5 million in Palestinian housing finance

  • Three three-year loan... The money is going to Vitas Palestine, a 24-year-old microfinance institution that offers loans for small businesses and housing improvements for low-income Palestinians in the West Bank and Gaza.
  • Housing related... Sixty percent of Vitas Palestine’s lending activity addresses “major repairs after violent conflict” as well as more typical projects like general repairs or home expansion.