Asala for Credit and Development review
Updated October 12, 2026 · SumCue Editorial Team
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Our verdict
Asala for Credit and Development provides personal, business and student loans with home improvement among supported uses. The service focuses on holders of Palestinian identification, especially women and rural youth seeking structured borrowing for household, enterprise or study needs with direct lending support.
Key facts
- Best for
- Household, enterprise and study borrowing for defined needs
- Loan amount
- $1,000 to $10,000↗
- Lender type
- Direct lender↗
- Eligibility
- Palestinian ID card, mainly women and rural youth, with two or three guarantors and guarantee checks of 3,000 dollars↗
- Loan types
- Personal, Business, Student↗
- Use cases
- Home-improvement↗
- Legal entity
- Asala for Development and Credit Company, a private limited shareholding company↗
- Headquarters
- Palestine↗
- Founded
- 2013↗
- Support channels
- Email, Phone↗
- Official website
- asala.ps
Facts checked September 26, 2026, 3 sources
Apps and profiles
- Elsewhere
- youtube.comfacebook.cominstagram.com
Pros
Pros
- Covers personal, business and student borrowing for different life stages.
- Supports home improvement uses alongside enterprise and education related borrowing needs.
- Focuses on holders of Palestinian identification seeking accessible credit.
Who it suits
- Women and rural youth with Palestinian identification
- Households funding renovation, enterprise or study costs
How Asala for Credit and Development compares
Where Asala for Credit and Development is available
- Available
- Palestine
- Licence in Palestine
- Palestinian Monetary Authority, checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What types of loans are available?+
The range includes personal loans for everyday needs, business loans for enterprise activity and student loans for education costs. Each option addresses a different stage, so borrowers select the type that matches household, work or study requirements.
Who can apply for this credit?+
Applicants hold Palestinian identification, with emphasis on women and rural youth. Eligibility centres on identity and group focus, so prospective borrowers confirm current criteria and prepare relevant documents before starting an application.
Which borrowing purposes are covered?+
Home improvement sits among the supported uses, alongside wider personal, enterprise and study needs. Borrowers define the scope of renovation work first, then match the loan type to the household or business purpose behind the request.
Which company operates Asala for Credit and Development?+
Asala for Credit and Development is operated by Asala for Development and Credit Company, a private limited shareholding company. (Source, checked September 26, 2026)
Where is Asala for Credit and Development based?+
Asala for Credit and Development is based in Palestine. (Source, checked September 26, 2026)
When was Asala for Credit and Development founded?+
Asala for Credit and Development was founded in 2013. (Source, checked September 26, 2026)
How can I contact Asala for Credit and Development support?+
Asala for Credit and Development offers support through Email, Phone. (Source, checked September 26, 2026)
Sources
- asala.ps checked September 26, 2026
Backs: Use cases
“personal loans which include health, education and home improvement loans”
- asala.ps/about.php checked September 26, 2026
Backs: Founded, Headquarters, Legal entity, Lender type, Support channels, Licences
“By the end of 2013, the lending services were separated from the association, and Asala for Development and Lending was established”
- asala.ps/loans.php checked September 26, 2026
Backs: Loan amount, Eligibility, Loan types
“personal loan - the amount: 1,000 to 10,000 dollars”
Compiled from 3 source pages, checked October 13, 2026. We did not open an account.
Not confirmed yet: APR, Term, Arrangement fee, Credit check, Funding time, Representative example.
Asala for Credit and Development
Household, enterprise and study borrowing for defined needs