Bank of Alexandria 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 |