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Microfinance

AlexBank is offering finance to micro entrepreneurs who run small business that is at least one year old

Features & Eligibility:
  • Borrower should be Egyptian national and his age should not exceed 60 years at loan maturity.
  • Customer's place of business should be within the geographical boundaries of the nearest bank branch.
  • Loan Amount: EGP1000 to EGP25000.
  • Loan Duration: 4 to 12 months to finance working capital. As for repeat loans, exceeding EGP15000, the maximum loan duration is 18 months.
  • Installments are paid on a monthly basis
Benefits:
  • Ability to expand existing micro enterprises.
  • Possibility of extending the loan via the nearest branch.
  • Early repayment is allowed.
  • Renewal of the loan once it is fully repaid.
Possibility to upgrade with higher loan amount and longer duration

For more information, please call our Customer Contact Center on 19033

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