Aman for Microfinance in talks with MSMEDA to secure EGP 200M loan

Updated 8/15/2023 10:56:00 AM
Aman for Microfinance in talks with MSMEDA to secure EGP 200M loan

Arab Finance: Aman for Microfinance is considering securing a second loan worth EGP 200 million from the Micro, Small and Medium Enterprises Development Agency (MSMEDA), as per an emailed press release.

The loan aims to double the financing directed toward low-income citizens, especially women breadwinners.

It is worth mentioning that Aman secured an EGP 100 million in financing from MSMEDA in March 2023 for the micro-sized projects over 19 governorates.

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