2.1 MILLION WOMEN BENEFIT FROMMICRO-ENTERPRISES FINANCING

The Financial Regularity Authority in Egypt said that 2.1 million women were able to benefit from the activity of financing microenterprises, by 61.9 percent of the total 3.4 million beneficiaries of microfinance during ten months of 2021.The head of FRA, Mohamed Omran, explained that women’s financing balances amounted to LE 11.8 billion, or 47.3 percent of the total financing balances, which amounted to about LE 25 billion during the period from January to October 2021.