- Grameen Foundation - www.grameenfoundation.org -
- Read Yuli's story -- Return to the Grameen Foundation homepage -- Photo of microfinance clients -
- Who we are -- What we do -- Where we work -- Get involved -- Resource center -

Grameen Foundation : Where we work : Middle East / North Africa : Egypt

Egypt

The Need in Egypt

  • 40 percent of the population (24 million people) live below the National Poverty Line
  • All MFIs and government programs in Egypt reach approximately 75,000 borrowers, estimated to be less than one percent of the demand for services

Egypt is the second most populous country in Africa and the most populous in the Arab World, with a population of approximately 76 million people.

Where microfinance is available, there is evidence that women are slowly moving their families out of poverty. But demand far outstrips supply.

Our partner microfinance institutions in Egypt: Al Tadamun and RADE

Egypt success story: Hoda



Grameen Foundation : Where we work : Middle East / North Africa : Egypt

- Grameen Foundation - Grameen Foundation uses microfinance and innovative technology to fight global poverty and bring opportunities to the world's poorest people. With tiny loans and financial services, we help the poor, mostly women, start businesses and escape poverty. Our global network of 52 microfinance institution (MFI) partners including our Growth Guarantee partners has touched more than 31 million people in 23 countries. In addition, we introduced and now sustain technology initiatives (Mifos and Village Phone) in Cameroon, Kenya, Rwanda, and Uganda, bringing our total country outreach to 27.

50 F Street NW, 8th Floor / Washington, DC 20001 USA
+1-202-628-3560     www.grameenfoundation.org

   - Grameen Foundation homepage -