Alfanar
Alfanar
Member
Executive Director: Myrna Atalla
Establishment: 2004
Type: Multi-purpose Fundraising Foundation
Focus Region: Egypt, Lebanon, Jordan, Palestine, and the Refugee Communities
Sectors: Philantropic
OVERVIEW
Alfanar is the first venture philanthropy organisation in the Arab world. Started by Tarek Ben Halim in 2004, Alfanar provides funding, training, mentorship and impact management to ambitious social enterprises serving marginalised communities across the region.
Alfanar fosters the growth of ambitious, self-reliant social ventures working to improve education and economically empower disadvantaged women and youth. Our venture philanthropy approach provides tailored financing, management support and impact evaluation aimed at helping our social enterprise investees to grow their organisations and impact in a financially sustainable manner.
We envision an Arab world in which the poor and vulnerable, especially children, youth, and women are able to access the education and opportunity they need to lead productive and dignified lives.
Our objectives are to increase the capacities and financial sustainability of social enterprise organisations that improve the lives of marginalised groups in the Arab world, particularly children and women.
To date, Alfanar has invested in 48 social enterprises and tangibly improved the lives of 246,033 vulnerable individuals in the region. Click here to access our most recent Impact Report for an overview of our impact and current investments
MISSION
Turning Social Investment into Sustainable Change.
Alfanar strives to improve the lives of underprivileged women, youth and children, including refugees, by supporting the growth of sustainable, scalable social enterprises.
VISION
Educated and Economically Empowered Citizens.
Alfanar envisions an Arab world in which the poor and vulnerable, especially women, youth and children, can access the education and opportunities they need to lead productive and dignified lives.
PROGRAMS
Seed Awards, Sustain Grants, Scale Investment and Advisory Support.
Sustainable Development Goals
