Egypt’s microfinance portfolio stands at EGP 17.8bn end-March: FRA
2,700 citizens use nano-finance products with loans amounting to EGP 650,000 end-May,…
Tamweely adopts FRA-outlined measures to protect microfinance customers from COVID-19 fallout
Tamweely Microfinance started activity in August 2018 with capital of EGP 75m…
EBRD boosts support to Egypt’s microfinance sector
Bank announces new loan for TMES under its WiB programme
Banque du Caire, MSMEDA sign EGP 500m microfinance contract
Banque du Caire's microfinance portfolio reaches EGP 6.5bn benefiting 240,000 customers, targeting…
CBE issues new regulations for microfinance in banks
Excluding credit portfolios purchased from micro finance companies or associations in 20%…
Microfinance balances increase to EGP 13.79bn end-June: FRA
Funding increased by EGP 4.04bn in a year, clients up 14.1%
Tamweely Microfinance increases capital to EGP 75m
Company targets expansion to 40 branches by year-end, 60 branches by 2020,…
Microfinance portfolio in banks reaches EGP 6.94bn in Q1 of 2019
NGOs rank first in terms of number of beneficiaries
Tamweely negotiates with 4 banks for supplementary financing of EGP 400m
Company injects EGP 700m of micro loans to 40,000 clients through 38…
Egypt’s microfinance market grows by over 100% y-o-y: EFG Finance Holding CEO
Cash comes at high cost of 1-1.5% of GDP, so going cashless…