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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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