Credit Line to National Bank of Egypt to facilitate access to credit for SMEs
Sector: Commercial • Location: France
Source: Proparco Groupe AFD (Agence Française de Développement)
The credit line offered to NBE refinances credits with a maturity of over 24 months for small and medium-sized enterprises with a turnover of between EGP 1m and EGP 4m (i.e. between EUR 0.12m and EUR 5m). A quarter of the total amount of loans has been allocated to private schools and health structures. Another quarter has been allocated outside Cairo and Alexandria.The financing is combined with
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | Obfuscated Data |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The credit line offered to NBE refinances credits with a maturity of over 24 months for small and medium-sized enterprises with a turnover of between EGP 1m and EGP 4m (i.e. between EUR 0.12m and EUR 5m). A quarter of the total amount of loans has been allocated to private schools and health structures. Another quarter has been allocated outside Cairo and Alexandria.The financing is combined with support to NBE for the implementation of an ambitious in-house training program for staff in charge of the SME activity, assistance for conducting a market study on Egyptian SMEs in order to assess the needs of SMEs and identify the market potential by region and business sector, and a capacity building program for SMEs. This financing tool has provided new development resources and created over 4,200 jobs in 62 Egyptian SMEs in high-potential sectors. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |
