Banque Misr to finance 2,425 projects with EGP 5M in 7 governorates

Updated 8/29/2023 2:40:00 PM
Banque Misr to finance 2,425 projects with EGP 5M in 7 governorates

Arab Finance: The Egyptian Ministry of Social Solidarity has signed a cooperation protocol with Banque Misr and Misr El Kheir Foundation to offer EGP 5 million in financing for 2,425 projects in the villages targeted by the Decent Life initiative across seven governorates, as per a statement.

The financing will be donated by the bank to back economic empowerment opportunities for individuals experienced in managing and operating different projects and those wishing to obtain financing to expand or launch income-generating projects.

It will also contribute to providing education, healthcare, food, and water for citizens in vulnerable areas in Beni Suef, Fayoum, Beheira, Kafr El-Sheikh, Damietta, Daqahlia, and Gharbia governorates.

 

Related News