Cairo – Mubasher: Raya Holding for Financial Investment announced that Aman for Microfinance is planning to inject finance worth about EGP 400 million in 2019.
The Egyptian firm seeks to increase its finance portfolio to EGP 500 million in a bid to serve 60,000 customers by the end of this year, according to a statement on Sunday.
The company, which is a subsidiary to Raya Holding for Financial Investment, provided more than 15,500 customers with finance amounting to EGP 104 million, the statement added.
In addition, Aman for Microfinance also aims to double its capital to EGP 100 million from EGP 50 million.
