Sherif Samy
Establishing investment funds for micro-financing is strongly needed in Egypt to attract more social investments.
The number of beneficiaries from microfinance initiatives in that period increased 10 percent, registering 1.8 million, EFSA says.
Egyptian Financial Supervision Authority (EFSA) disclosed the 1st digital microfinance map, showing the licensed bodies that practice microfinance on Tuesday.
Financial leasing contracts’ value rose 7% to reach LE 11.8 billion in the first six months of 2017 from LE 11 billion in the same period last year.
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