{"id":906,"date":"2019-12-23T14:27:56","date_gmt":"2019-12-23T11:27:56","guid":{"rendered":"http:\/\/whia-egypt.org\/en\/%d9%85%d8%b4%d8%b1%d9%88%d8%b9%d8%a7%d8%aa-%d8%ad%d8%a7%d9%84%d9%8a%d9%87-copy\/"},"modified":"2020-05-23T02:39:56","modified_gmt":"2020-05-22T23:39:56","slug":"%d9%88%d8%ad%d8%af%d8%a9-%d8%a7%d9%84%d8%a7%d9%82%d8%b1%d8%a7%d8%b6","status":"publish","type":"page","link":"https:\/\/whia-egypt.org\/en\/%d9%88%d8%ad%d8%af%d8%a9-%d8%a7%d9%84%d8%a7%d9%82%d8%b1%d8%a7%d8%b6\/","title":{"rendered":"Microcredit unit"},"content":{"rendered":"

[vc_row css=”.vc_custom_1577100778694{margin-bottom: 30px !important;}”][vc_column]

<\/div>

Microcredit Unit<\/h2><\/div>
The Assembly of Women’s Health Improvement Associations<\/div><\/div>[\/vc_column][\/vc_row][vc_row][vc_column width=”1\/2″]
<\/div>

Establishment :<\/h2><\/div>
Project target :<\/strong><\/p>\n
    \n
  • Provide the necessary funds for the branches to set up small projects for the breadwinner and the poor families<\/li>\n
  • Link the basic activities of the association and society, such as sewing workshops, vocational rehabilitation centers, literacy classes and productive families<\/li>\n
  • Open direct lending offices in areas that need these services<\/li>\n
  • Provide direct finance to the marginalized groups<\/li>\n<\/ul>\n

    <\/div><\/div>[\/vc_column][vc_column width=”1\/2″][vc_single_image image=”912″ img_size=”full” alignment=”center”][\/vc_column][\/vc_row][vc_row][vc_column width=”1\/2″]

    <\/div>

    Lending Branches<\/h2><\/div>
    The unit started at the beginning of 2006 when the Assembly contracted the Al-Amal Foundation for the Development of Small Projects with a total finance loan reached 500,000 EGP (five hundred thousand Egyptian pounds), the number of five branches in Upper Egypt (Aswan – Luxor – Qena – Nagaa Hammadi – Beni Suef) and then three Other branches with a financing loans of 300,000 EGP (three hundred thousand Egyptian pounds) which are (Sohag – Suez – El Arish). With a total financing loans of 800,000 EGP (eight hundred thousand Egyptian Pounds)<\/p>\n

    At the end of 2007 the unit started effectively to be formed and proceed from the assembly to its branches with funding received from the Ministry of International Cooperation valued 1 million EGP (one million Egyptian pounds) and at the beginning of 2008 a number of assembly\u2019s branches were contracted, namely (Suez – Arish – Sohag – Qena – Nag Hammadi – Aswan – Luxor – Beni Suef – Damanhour – Kafr Shukr), while Contracts continued with other branches until the number of partner branches reached 13 branches in the tribal and maritime areas.<\/p>\n

    In 2009, the finance increased by 500,000 EGP (five hundred thousand Egyptian pounds) from the Ministry of International Cooperation. Thus, the unit capital became 1,500,000 EGP as a grant from the Ministry of International Cooperation.<\/p>\n

    At the end of 2008, the Assembly obtained from the National Council for Childhood and Motherhood an amount of 500,000 EGP as a loan for a year and a half to finance 5 branches (Sohag – Beni Suef – Suez – Arish – Qena).<\/p>\n

    The number of partner branches in the lending unit at the level of the Egyptian governorates has reached 15.<\/div><\/div>

    <\/div>

    Direct Lending <\/h2><\/div>
    Direct Lending started by opening a lending office in Orabi Bridge – Shubra Al-Khaima in September 2010 to set up income-generating projects for breadwinner and low-income families with funding of 250,000 EGP (two hundred and fifty thousand Egyptian pounds) as a first stage.<\/p>\n

    At the beginning of 2011, another lending office was opened in Sharkawyah district – Shubra Al-Khaimah with financing capacity of 250,000 EGP, then the funds rolled until the capital of direct lending offices reached 1,450,000 EGP and more than 5,000 loans were granted to date<\/div><\/div>

    <\/div>

    Conditions and requirements for obtaining loans from the lending office in Shubra Al-Khaimah:<\/h2><\/div>
    <\/p>\n
      \n
    • Must be a resident of Shubra El-Kheima (Hay Sharq – Hay Gharb)<\/li>\n
    • Have a personal identification (valid national ID card)<\/li>\n
    • The age must not be less than 21 years<\/li>\n
    • Have a good reputation<\/li>\n
    • Be able to work and have work experience in the submitted project<\/li>\n
    • Priority for the mentioned target groups<\/li>\n<\/ul>\n

      <\/div><\/div>

      <\/div>

      Target groups<\/h2><\/div>
      The breadwinner – the owners of micro-enterprises – the owners of crafts and professions – families with low incomes<\/div><\/div>
      <\/div>

      Required Documents<\/h2><\/div>
      ID Copy for the customer and the guarantor – electricity or gas receipt for the customer and the guarantor – the original housing contract (matching address in all documents)<\/div><\/div>[\/vc_column][vc_column width=”1\/2″][vc_single_image image=”913″ img_size=”full” alignment=”center”][vc_single_image image=”914″ img_size=”full” alignment=”center”][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1573125446431{margin-top: 20px !important;margin-bottom: 20px !important;}”][vc_column][vc_separator el_width=”80″][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

      [vc_row css=”.vc_custom_1577100778694{margin-bottom: 30px !important;}”][vc_column][\/vc_column][\/vc_row][vc_row][vc_column width=”1\/2″][\/vc_column][vc_column width=”1\/2″][vc_single_image image=”912″ img_size=”full” alignment=”center”][\/vc_column][\/vc_row][vc_row][vc_column width=”1\/2″][\/vc_column][vc_column width=”1\/2″][vc_single_image image=”913″ img_size=”full” alignment=”center”][vc_single_image image=”914″ img_size=”full” alignment=”center”][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1573125446431{margin-top: 20px !important;margin-bottom: 20px !important;}”][vc_column][vc_separator el_width=”80″][\/vc_column][\/vc_row]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-906","page","type-page","status-publish","hentry","description-off"],"_links":{"self":[{"href":"https:\/\/whia-egypt.org\/en\/wp-json\/wp\/v2\/pages\/906","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/whia-egypt.org\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/whia-egypt.org\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/whia-egypt.org\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/whia-egypt.org\/en\/wp-json\/wp\/v2\/comments?post=906"}],"version-history":[{"count":10,"href":"https:\/\/whia-egypt.org\/en\/wp-json\/wp\/v2\/pages\/906\/revisions"}],"predecessor-version":[{"id":1165,"href":"https:\/\/whia-egypt.org\/en\/wp-json\/wp\/v2\/pages\/906\/revisions\/1165"}],"wp:attachment":[{"href":"https:\/\/whia-egypt.org\/en\/wp-json\/wp\/v2\/media?parent=906"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}