Tag: microfinance

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,…

Alyaa Stohy

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…

Daily News Egypt

EBRD boosts support to Egypt’s microfinance sector

Bank announces new loan for TMES under its WiB programme

Hagar Omran

Banque du Caire, MSMEDA sign EGP 500m microfinance contract

Banque du Caire's microfinance portfolio reaches EGP 6.5bn benefiting 240,000 customers, targeting…

Hossam Mounir

CBE issues new regulations for microfinance in banks

Excluding credit portfolios purchased from micro finance companies or associations in 20%…

Hossam Mounir

Microfinance balances increase to EGP 13.79bn end-June: FRA

Funding increased by EGP 4.04bn in a year, clients up 14.1%

Hossam Mounir

Tamweely Microfinance increases capital to EGP 75m

Company targets expansion to 40 branches by year-end, 60 branches by 2020,…

Hossam Mounir

Microfinance portfolio in banks reaches EGP 6.94bn in Q1 of 2019

NGOs rank first in terms of number of beneficiaries

Hossam Mounir

Tamweely negotiates with 4 banks for supplementary financing of EGP 400m

Company injects EGP 700m of micro loans to 40,000 clients through 38…

Hossam Mounir

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…

Mohamed Samir