Tag: microfinance

Microfinance increases to EGP 64.6bn in June 2022: CBE

Banks record EGP 48.3bn in mortgage finance for to 436,900 low, middle-income…

Hossam Mounir Hossam Mounir

FRA amends controls of microfinance, SME finance

The FRA noted that some companies, associations and civil institutions licensed to…

Daily News Egypt Daily News Egypt

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…

Hossam Mounir Hossam Mounir

FRA issues first license for Islamic microfinance activity

3.8 million citizens so far benefited from micro-enterprise financing services in 2022,…

Fatma Salah Fatma Salah

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…

Mohamed Alaa El-Din Mohamed Alaa El-Din

FRA studies licensing green Islamic microfinance products

Study conducted to allow movable collateral registries for consumer finance activity

Alyaa Stohy Alyaa Stohy

Fawry Microfinance exceeds EGP 1bn barrier for loans granted since its establishment

Fawry Microfinance was established in 2018 with the aim of providing entrepreneurs…

Daily News Egypt Daily News Egypt

FRA studies feasibility of green, Islamic microfinance products in Egypt

The suggested products are sustainable green and Islamic microfinance instruments, along with…

Alyaa Stohy Alyaa Stohy

Microfinance institutions pump EGP 3.7bn into ‘Decent Life’ initiative

48% of financing was directed to women-led projects

Daily News Egypt Daily News Egypt

CBE sponsors 3-year programme to raise efficiency of microfinance associations

Programme will be implemented by EFFMSMP in cooperation with IFC

Daily News Egypt Daily News Egypt