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Al Tadamun Microfinance, CIB Sign Credit Facility Agreement Worth EGP 150M

Source: Daily News

Al Tadamun Microfinance Foundation, a leader in financing micro-enterprises for women, announced that it had signed an agreement with the Commercial International Bank – Egypt (CIB) to renew a credit facility agreement worth EGP 150m. This agreement aims to expand financing for women who own micro-enterprises nationwide.

The agreement reflects the Foundation and CIB’s keenness to foster the role that micro-enterprises play as fundamental pillars of economic growth.

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