FRA amends controls of microfinance, SME finance
The FRA noted that some companies, associations and civil institutions licensed to…
Al Baraka Bank offers EGP 90m to Solidarity Microfinance to support microenterprises by women
Bank is keen on developing role of women economically and socially: Chairperson…
FRA issues first license for Islamic microfinance activity
3.8 million citizens so far benefited from micro-enterprise financing services in 2022,…
Al-Ahly Momkn signs protocol with Lead Foundation to collect instalments of microfinance
Ahmed Enayet, Managing Director and CEO of Al-Ahly Momkn, said that cooperating…
FRA studies licensing green Islamic microfinance products
Study conducted to allow movable collateral registries for consumer finance activity
Fawry Microfinance exceeds EGP 1bn barrier for loans granted since its establishment
Fawry Microfinance was established in 2018 with the aim of providing entrepreneurs…
FRA studies feasibility of green, Islamic microfinance products in Egypt
The suggested products are sustainable green and Islamic microfinance instruments, along with…
Microfinance institutions pump EGP 3.7bn into ‘Decent Life’ initiative
48% of financing was directed to women-led projects
CBE sponsors 3-year programme to raise efficiency of microfinance associations
Programme will be implemented by EFFMSMP in cooperation with IFC
Microfinance activities record EGP 25bn in October 2021: FRA
Microfinance companies account for largest market share in October 2021, at 56.98%