Egyptian Minister of Social Solidarity Nevine El-Kabbaj has announced the launch of the first phase of the irregular employment support programme, in cooperation with three NGOs.
The first phase aims to provide EGP160m worth of loans to 10,000 small and micro enterprises, funded entirely by the Rural and Environmental Industries Support and Rural Revival Fund, affiliated to the Ministry Social solidarity. The fund was established in accordance with Law No. 167 of 1956 and amended by Republican Decree No. 1075 of 1964. It is a non-profit public body with a legal personality.
For more information, please see https://www.dailynewsegypt.com/2023/08/10/social-solidarity-ministry-to-offer-egp-160m-worth-of-funding-to-10k-small-micro-enterprises/
