Cairo – Mubasher: Egypt’s Social Fund for Development has signed a loan agreement worth EGP 300 million with Banque Misr for financing Bedayati project, according to a press release on Wednesday.
This agreement aims at providing the required financing for small and medium enterprises in the form of loans ranging from EGP 1,000 to EGP 25,000.
The project targets 30,000 clients, of which 60% will be directed for beneficiaries below the poverty line and 25% will be allocated for women development.
