With funding from the U.S. Development Finance Corporation (previously known as the Overseas Private Investment Corporation), Global Communities established a $250 million Loan Guaranty Facility to support lending to the enterprise sector in Egypt with a strong focus on the small- and medium-enterprise sector.Â
The facility guarantees loans by local banks to enterprises with at least two of the following three characteristics:Â
not more than 300 employees, total assets not exceeding the equivalent of $15,000,000, and annual revenues not exceeding the equivalent of $15,000,000.
Priority is given to loans with the highest job generation or retention potential. The facility can also be extended to guarantee bank loans to microfinance institutions. The program provides technical assistance and training programs on a demand-driven basis to officers and managers from partner banks.
CHF Management and Consulting Services Egypt S.A.E.
CHF Management and Consulting Services Egypt S.A.E. (CHF MCSE) provides loan guarantees to small and medium-sized enterprises in Egypt. With funding from the U.S. Development Finance Corporation, previously known as Overseas Private Investment Corporation (OPIC), Global Communities through CHF MCSE has established a $250 million loan guaranty facility to support lending to the enterprise sector in Egypt, with a strong focus on small and medium-sized businesses. The facility can also be extended to guarantee bank loans to microfinance institutions. The program provides technical assistance and training programs on a demand-driven basis to officers and managers from partner banks.
Marketplace Support for Women in Business
The Women in Business initiative aims to promote the growth of women-owned businesses in Egypt through increasing their access to finance and support services. Global Communities developed a two-day workshop on financial literacy and basic banking knowledge which has reached thousands of women entrepreneurs to date. Other workshops organized with partner organizations have included one on digital marketing, particularly focused on using Facebook Marketplace. With the arrival of COVID-19, quick pivots allowed the banking literacy workshop to be offered virtually, via Zoom, and is assisting its training partners with adopting this technology.
Partnering to Provide Business Services
Business Service Providers is a program that delivers technical assistance to support the growth of micro, small and medium-sized businesses in Egypt and improve their business management practices. CHF Egypt brings new voices to the table and leverages shared goals by sharing costs with qualified, experienced service providers willing to support emerging businesses, with a particular focus on women-owned businesses.
CHF Women In Business Workshops Highlights
172
financial workshops across Egypt with 3,449 participants, including 2,867 women, held virtually during COVID-19 pandemic.
700
loans guaranteed, valued over $230 million.
3,412
across 103,058 loans to entrepreneurs, homeowners and small and medium enterprises.
Our Work in Egypt
Expanding Economic Opportunity
Supporting Small and Medium-Sized Businesses and Community Savings and Lending Groups
Loan Guarantee Facilities
Driving Growth and Job Creation in Developing Economies
Financial Inclusion
We deliver essential solutions to complex development challenges, resulting in a more just, prosperous and equitable global community.
Resources
Research & Publications
Covid-19 Impact on Performance of Micro and Small Businesses in Egypt
CHF Management and Consulting Services Egypt S.A.E. (CHF MCSE) provides loan guarantees to small- and medium-enterprises (SMEs) in Egypt and produced a new report called Covid-19 Impact on Performance of Micro and Small Businesses in Egypt. In light of the Covid-19 situation across the country of Egypt, SMEs are up against exceptional challenges whose effects…
Research & Publications
February 2020 Updates – CHF Management and Consulting Services Egypt S.A.E.
CHF Management and Consulting Services Egypt S.A.E. (CHF MCSE) provides loan guarantees to small- and medium-enterprises (SMEs) in Egypt. With funding from Overseas Private Investment Corporation (OPIC), Global Communities through CHF MCSE has established a $250 million loan guaranty facility to support lending to the enterprise sector in Egypt with a strong focus on the…
Research & Publications
January 2020 Updates – CHF Management and Consulting Services Egypt S.A.E.
CHF Management and Consulting Services Egypt S.A.E. (CHF MCSE) provides loan guarantees to small- and medium-enterprises (SMEs) in Egypt. With funding from Overseas Private Investment Corporation (OPIC), Global Communities through CHF MCSE has established a $250 million loan guaranty facility to support lending to the enterprise sector in Egypt with a strong focus on the…
Research & Publications
November 2019 Newsletter – CHF Management and Consulting Services Egypt S.A.E.
CHF Management and Consulting Services Egypt S.A.E. (CHF MCSE) provides loan guarantees to SME loans in Egypt. With funding from Overseas Private Investment Corporation (OPIC), Global Communities through CHF MCSE has established a $250 million loan guaranty facility to support lending to the enterprise sector in Egypt with a strong focus on the small- and…
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