Aman for Microfinance offers EGP 225m finance in H1-19

By: Islam Fadl

Cairo – Mubasher: Aman for Microfinance, a subsidiary of Raya Holding for Financial Investment, pumped EGP 225 million funds during the first six months of 2019.

The company offered finance to over 20,000 customers in H1-19, Aman's managing director, Ahmed El-Khateeb, told Mubasher.

The commercial sector made up 70% of finance offered by Aman from January to the end of June, the top official added.

El-Khateeb stated that his company had granted EGP 330 million since June 2018.

The company is focusing on expanding in Upper Egypt and Delta governorates, El-Khateeb revealed.

 

Translated by: Muhammad Abdul-Wakeel

MUBASHER Contribution Time: 24-Jul-2019 13:27 (GMT)
MUBASHER Last Update Time: 24-Jul-2019 13:27 (GMT)