EBRD and EU Support Egyptian Microfinance Institution

The EBRD is increasing its direct lending to women-led micro, small and medium-sized enterprises (MSMEs) in its first engagement in the Egyptian microfinance segment.

Under the Bank’s Women in Business (WiB) program in Egypt, a $ 5 million loan in local currency to Tanmeyah Microenterprise Services will increase access to finance for women-led MSMEs which remain an underserved segment in Egypt.