Micro Finance Projects

Microfinance Products

First: Micro Enterprises

Description	First Product	Second Product
Loan Amount	EGP 5,000 – Less than EGP 30,000 EGP 30,000 – EGP 50,000	More than EGP 50,000 – EGP 150,000 More than EGP 150,000 – EGP 250,000
Targeted Sectors	Commercial – Industrial – Services Except prohibited production activities (agricultural – livestock – poultry – fish – means of transport)
Required Documents	Required Documents: One year of activity Copy of the lease or ownership contract or fixed-term contract verified by the land registry Copy of valid national ID of borrower and guarantor Recent utilities bill (water – gas – electricity – telephone) in the name of the borrower or owner of the place of the activity, issued within the last 3 months	Required Documents: One year of activity Copy of the lease or ownership contract or fixed-term contract verified by the land registry Copy of valid national ID of borrower and guarantor Recent utilities bill (water – gas – electricity – telephone) in the name of the borrower or owner of the place of the activity, that is issued no more than 3 months ago Copy of recent tax card verifying that there are no outstanding payable taxes Recent transcript from the commercial registry issued within the last 3 months Copy of the latest insurance payment receipt issued within the last 3 months Recent certificate of trade judgements (objecting by non-payment and bankruptcy) for the last 5 years Approved income and balance statement for amounts exceeding EGP 100,000, verifying that customer’s sales are less than EGP 1 million Authorization by customer for deducting issuance charges from the loan amount Authorization by customer for deducting charges of issuing risk insurance document from the loan amount, for loans exceeding EGP 100,000
Loan Tenor	6 – 24 months	12 – 36 months
Installment Frequency	Monthly installments
Interest Rate	28% p.a. decreasing	21% p.a. decreasing

Second: “National Project for Communal, Human and Local Development” – Mashrouak

Description	Mashrouak 1	Mashrouak 2
Loan Amount	EGP 5,000 – Less than EGP 30,000 EGP 30,000 – EGP 50,000	More than EGP 50,000 – EGP 150,000 More than EGP 150,000 – EGP 250,000
Targeted Sectors	Commercial – Industrial – Services Except prohibited production activities (agricultural – livestock – poultry – fish – means of transport)
Required Documents	Required Documents: Copy of the lease or ownership contract or fixed-term contract verified by the land registry Copy of valid national ID of borrower and guarantor Recent utilities bill (water – gas – electricity – telephone) in the name of the borrower or owner of the place of the activity, issued within the last 3 months Letter from the local unit within which the activity is located, for assisting the Bank in monitoring financed projects and cutting off utility services if the customer fails to pay 3 installments, while exempting home-run projects Copy of the military status certificate for customers under 35 years of age	Required Documents: Copy of the lease or ownership contract or fixed-term contract verified by the land registry Copy of valid national ID of borrower and guarantor Recent utilities bill (water – gas – electricity – telephone) in the name of the borrower or owner of the place of the activity, issued within the last 3 months Letter from the local unit within which the activity is located, for assisting the Bank in monitoring financed projects and cutting off utility services if the customer fails to pay 3 installments, while exempting home-run projects Copy of the military status certificate for customers under 35 years of age Copy of recent tax card verifying that there are no outstanding payable taxes Copy of the activity license – permanent or temporary Copy of a recent commercial registration, registered more than 3 months ago Copy of the latest insurance payment receipt issued within the last 3 months Recent certificate of trade judgements (objecting by non-payment and bankruptcy) for the last 5 years Approved income and balance statement for amounts exceeding EGP 100,000, verifying that customer’s sales are less than EGP 1 million Authorization by customer for deducting issuance charges from the loan amount Authorization by customer for deducting charges of issuing risk insurance document from the loan amount, for loans exceeding EGP 100,000
Loan Tenor	6 – 24 months	12 – 36 months
Installment Frequency	Monthly installments
Interest Rate	28% p.a. decreasing	12.25% p.a. decreasing

Eligibility Conditions

The customer’s activity must be within the scope of the city, village or centers in which the Bank branch is located; and neighboring cities and governorate centers where there is no branch or where the branch does not provide this service.

The activity must have been established at least one year ago – whether the customer is undertaking the activity from his place of residence or whether an independent location exists for the activity (with the exception of Mashrouak products 1 and 2, from which new projects are available).

The existence of a co-guarantor, who has been subject to a full query

The customer who is the owner of the activity must be an Egyptian national, legally competent and of sound repute, within the age bracket 21-65 years at the time of the loan. If the customer is more than 65 years old, the guarantor must be less than 65 years of age at the time of the loan.

The customer – or the guarantor – must be able to read and write, at minimum

One loan will be issued to the customer and the enterprise collectively. In the case of companies, not more than one partner may borrow in the name of the same enterprise.

The customer’s guarantor must not be underage or the guarantor of another customer

In case of a number rating in the I-score report, it must be at least satisfactory for the customer, guarantor and partners; and at least good for the enterprise. There must be no judicial procedures filed against the customer; and the customer, his guarantor, partners and the enterprise must not be blacklisted at any bank, while adhering to arrears regulations.

Annual loan installments must be commensurate with the customer’s profits from the activity

There must be no reciprocal guarantees between the debtor and the guarantor

The customer must have not obtained existing small enterprise loans prior to the micro financing approval.

The branches in which the micro-financing products are available nationwide

NO	Branch name	NO	Branch name
1	Nozha	182	New Qena
2	Halmayt Elzaitoun	183	New Tibba
3	Roksi	184	Asfon
4	Hadaeq Al-Qubba	185	Future Mall
5	Heliopolis	186	Ras Ghareb
6	Ain Shams University	187	Hurghada
7	Elgalaa Officers Club	188	The Banking District
8	Orouba	189	Safaga
9	Manshiet Bakri	190	Kossir
10	Salah Salem	191	Morsa Alam
11	Elsalam City	192	Elgomhoria
12	Saraya Elkooba	193	Suez
13	Beirut Street	194	Sultan Hussien
14	Masr Elgadeda	195	Ismailia
15	Elshams	196	Port Fouad
16	Faculty Of Commerce - Ain Shams	197	East Bridge
17	Ammar Ibn Yasser	198	October 6, Port Said
18	Misr & Elsudan	199	Bir El-Abed
19	Elnozha Elgadeda	200	Eltal Elkaber
20	Ismail Ramzy	201	The Future
21	Citadel	202	West Bridge
22	Helwan	203	Fayed
23	Sayeda Zainab	204	Suez Canal University
24	Maadi	205	Elsalam
25	Elrawda	206	Arish
26	Elsaff	207	Alqnah
27	Elmanial Elgamae	208	Alsalhya
28	Dar Elsalam	209	Ras Sidr
29	New Maadi	210	Abu Redis
30	Kornish Elmaadi	211	Tur Sina
31	Helwan University	212	Nuaba
32	Zahraa Elmaadi	213	Sharm El-Shaikh
33	15 May	214	Dahab
34	Centeral Elmaadi	215	Soho Square
35	Rod Elfarag	216	Old Market - Sharm El-Sheikh
36	Shoubra Elkhima	217	Damietta
37	Ramsis	218	Elzarqa
38	Elabbasya	219	Elmanzala
39	Shoubra	220	Elgamalya
40	Ahmed Badawy	221	Elmatarya
41	Kholosi	222	Faraskur
42	Elqanater Elkhayreya	223	Ras Al-Barr
43	Dawaran Shoubra	224	New Damietta
44	Aghakhan	225	Kafr Saad
45	Elnile	226	Saad Zaghloul
46	Hilton Ramsis	227	Shbeen El Koom
47	Elmosski	228	Menouf
48	Mohamed Farid	229	Banha
49	Eldawawin	230	Shibin Alqanatr
50	26 July Street	231	Tukh
51	Bein Elsourein	232	Tala
52	Attaba	233	Elshohadaa
53	Abdel Khaled Tharwat	234	Quesna
54	Police Complex	235	Ashmoun
55	Dar Elkadaa	236	Sers Allyan
56	El-Darrasa	237	Sadat
57	Sherif Street	238	10Th Of Ramadan
58	Tawfiqiya	239	Zagazig
59	Azbakeya	240	Minya Elqameh
60	Elahram Foundation	241	Faqous
61	Nasr City	242	Belbeis
62	Elthawra	243	Kafr Saqr
63	Ahmed Fouad	244	Abu Kabir
64	Makram Ebid	245	Abu Hammad
65	Abbass Elakkad	246	Derb Negm
66	Elnasr	247	Hehya
67	Almaza	248	Elqareen
68	Elmethaq	249	Saker Children
69	Dokki	250	Hassania
70	Embaba	251	Damanhur
71	Elaalam	252	Rashid
72	Elwarraq	253	Mahmudiyah
73	Elmohandasin	254	Abu Al Matamir
74	Elsudan Street	255	Kafr Al Dawwar
75	Cairo University	256	Tahrir Badr
76	Elurman	257	Etay Elbarood
77	Mohamed Hafiz	258	Abu Homs
78	Elmesaha	259	Com Hamada
79	Wadi Elnile	260	Shubrakheit
80	Monshaat Elqanater	261	Hosh Eisa
81	Elzamalek Club	262	Nubaria
82	Syria Street	263	Elgoumhorya Hosh Eisa
83	Giza	264	Muhammad Karim Al-Asher Al-Laf
84	Umm Elmasreyeen	265	Ahmed Zewail Damanhour
85	Haram	266	Elmahla Elkobra
86	Elayyat	267	July 23 Mahalla
87	Elbadrashin	268	Kafr El-Sheikh
88	Kasr Elharam	269	Kafr El Zayat
89	King Faisal	270	Desook
90	Omrania	271	Zefta
91	Sound And Light	272	Sidi Salam
92	Maryotia	273	Rahmaniyah
93	New Faisal	274	Fooh
94	Manial Shihah	275	Baltim
95	Elhawamdiya	276	Bella
96	Backus	277	Ktoor
97	Qaliub	278	Basion
98	Abu Qir	279	Mohamed Farid Tanta
99	Gulf of Suez	280	Tanta
100	Muharram Bak	281	Ali Mubarak Tanta
101	Elseiof	282	Bekat Elsabaa
102	Isis	283	Mansoura
103	Loran	284	Modrea St
104	Elibrahimia	285	Met Ghamr
105	Mamoura	286	Aja
106	Ahmed Orabi	287	Sherbin
107	Karmoz	288	Sinbillawain
108	Marsa Matrouh	289	Dikirnis
109	Eldekhila	290	Mena Elnasr
110	Elameria	291	Belqas
111	Elagami	292	Talkha
112	Elgomork	293	Suez Canal
113	Borg Elarab	294	Elkharja
114	Elselsala Tower	295	Dakhla
115	Elbitash	296	Asyut
116	Elqabary	297	Dairut
117	King Mariout	298	The Qusiyyah
118	Bani Sweif	299	Manfalut
119	Elfashn	300	Abouteg
120	Beba	301	Sadfa
121	Senoras	302	Farafra
122	Elminya	303	New Assiut
123	Samalut	304	Sahel Selim
124	Maghaghah	305	Abnoub
125	Bani Mazar	306	Awsim
126	Matai	307	October 6, Cairo
127	Abu Qurqas	308	Wholesale Market
128	Mallawi	309	Industrial Zone
129	Dermawas	310	Smart Village
130	Fayoum	311	Cheikh Zayed
131	Elwasta	312	Financial District
132	New Minya	313	Beverly Hills
133	Etsa	314	Elhosari
134	Taha Hussien	315	Gharb Somid
135	Elbahr Elazam	316	Elwahat Elbahrya
136	Ebshway	317	Cairo Festival
137	Ihnasia - Beni Suef	318	Courtyard
138	The City - Beni Suef	319	Nile Tower
139	Elmasala Square - Fayoum	320	Badr City
140	Nasser City - Beni Suef	321	Town Star
141	Eledwa	322	Ribke
142	New Beni Suef	323	Mokattam
143	Sohag	324	Bab Lok
144	Tahta	325	Talaat Harb
145	Elmaragha	326	Garden City
146	Gerga	327	Elsaha
147	Tama	328	Zamalek
148	Elmonshaa	329	Abu Al-Feda
149	Akhmim	330	Mohamed Roshdy
150	Elballina	331	Elgezera
151	Elkawthar	332	Elqasr Eleini
152	Sakolta	333	Al-Mansour Muhammad
153	Juhayna	334	Maadi Autostrade
154	Amoun	335	Al Qadah Towers - Degla
155	Elbahr	336	Maadai Sarayat
156	Nile	337	Abu Zenima
157	Pardis	338	Nawal St.
158	Dar Aisalam	339	Sandub
159	Orabi - Elmaragha	340	Concordia Plaza
160	Aswan	341	6th of October Club
161	Qena	342	Banking Airport
162	Luxor	343	Neama Bay
163	Nasr Elnoba	344	Akhnatun
164	Daraw	345	Naqadah
165	Naga Hammadi	346	Zoser - Abu Tisht
166	Kous	347	Farshut - Qena
167	Edfu	348	Al Fant
168	Deshna	349	Imbaba Gardens
169	Esna	350	Gisr El Suez
170	Armant	351	Farid Simeika
171	Kom Ombo	352	Technology Valley
172	Kafft	353	Nabq Bay
173	Abu Sembil	354	Dar Al Hilal
174	Aton	355	New Ayyat
175	High Dam	356	Grand Egyptian Museum
176	Corniche El Nil - Edfu	357	Studio Misr
177	New Aswan	358	Beni Ebeid
178	Bilad El Dahab - Aswan	359	Japanese Garden
179	Bahgora	360	Al Ahly Club - Sheikh Zayed
180	Horus - Elhilla	361	Tiraat El Gabal
181	Hatshepsut - Elkorana	362	Al Wirdyan