Egypt

 

Al Tadamun
 

Al Tadamun is one of Egypt’s most prominent MFIs, reaching 12,000 active clients with a gross loan portfolio of US $8.4 million by the end of March 2006. Established by Save the Children in 1996, Al Tadamun focuses on reaching women micro-entrepreneurs in the poor neighborhoods of Greater Cairo. In line with its commitment to reaching the poorest, Al Tadamun emphasizes group lending.

Al Tadamun became a Grameen – Jameel partner in 2003.

 

The Regional Association for Development Enterprise (RADE):
 

RADE is based in Sohag, one of Egypt’s poorest areas. It began providing microcredit loans to those in need in 1997 through the help of Catholic Relief Services and it now reaches over 7,500 active borrowers with a gross outstanding portfolio of US $4.1 million. Its aim is to reach over 50,000 active clients by 2010.

RADE’s commitment to reaching the poorest and its ambitious goals for growth enabled it to become a Grameen – Jameel partner in 2003.