"Egyptian Enterprise Development" finances "small and micro" with LE7.5 billion within 18 months

Hurghada – Mubasher: The CEO of the Small, Medium and Small Business Development Agency said that one of the priorities and basic plans of the agency is to provide jobs to young people, highlighting the importance of microenterprises . Third and final day of the conference "Green Bank: the Road to Sustainable Development" organized by the Union of Arab Banks in cooperation with the Central Bank of Egypt, the agency works with 30 Arab donors and to finance its activities. He concluded that the funding is not

"The value of what has been funded by small and micro enterprises over the past year and a half has reached about 7.5 billion pounds."

The CEO of SMEED said that it was 5% in line with the overall rates .

She pointed to the current focus of the system on small and micro enterprises, and in the coming period the Parliament will study the legislation on financing the agency for medium-sized businesses, noting that 30% of the project
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