In the framework of BANQUE MISR participation for giving momentum to the economic and social development and due to its firm belief in the importance of small enterprises, BANQUE MISR was among the first banks to deal with the Social Development Fund (SDF) since its inception in 1993 as an intermediary to provide the necessary funding to income-generating small enterprises providing real career opportunities (permanent and temporary), with the aim of relieving the negative impacts of unemployment and opening up new fields of financing for existing and new small enterprises through BANQUE MISR branches spread throughout the country.

In order to achieve BANQUE MISR objectives in relation to small enterprises, the following strategies were developed and carried out:

• Training plans addressed to BANQUE MISR staff in different branches, with the aim of developing human resources.

• Applying an automatic system among BANQUE MISR branches and central administrations in order to increase the efficiency of information handling.

• Developing a system to motivate staff, with the aim of increasing the lending rates and decreasing the cost of lending.

• Setting up specialized lending outlets in BANQUE MISR branches to facilitate client service and speedy achievement.

• Setting up a specialized department for granting the loans of the SDF and financing small and medium enterprises from BANQUE MISR's resources, as well as resolving problems and removing impediments faced by these types of enterprises, in addition to developing new ideas leading to an increase in loans and providing such enterprises with the necessary support.

Enterprises Targeted by SDF loans:

All new and existing enterprises, except those of land reclamation, ready-made clothes, and shoes manufacturing.

Categories Targeted by financing:

Fields of using the SDF Loans:

  - To finance the purchase of new machinery and spare parts.

  - To finance operation capital.

The Value of Loans and the Interest Rate Applicable to the SDF Loan Beneficiaries: