Tag: microfinance

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

Largest share of microfinance contributors in 2018 are Women

Women are 67.7% of microfinance's beneficiaries in Egypt

Nehal Samir

EALB grants EGP 50m to Tamweely Microfinance to fund micro-enterprises

Protocol is part of EALB's plan to expand in microfinance for their…

Hossam Mounir

Egypt’s microfinance portfolio reaches EGP 15.6bn in Q2 2018: EMF

Active customer base in sector increased by 33% in Q2 2018, says…

Daily News Egypt

Microfinance activities in Egypt grow by 76% to reach EGP 9.75bn in Q2 2018: Omran

Egypt’s microfinance activities continued to grow to reach EGP 9.75bn by the…

Mohamed Samir

IDB signs protocol with SMEDA to provide microfinance services

Bank aims to access 100,000 clients to provide jobs, curb unemployment

Hossam Mounir