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North Sinai Social Bank expands nursery loans
Currently, the Social Insurance Bank is offering the "Hadanaty" financing program to support daycare providers. The maximum loan amount has been increased to one million pounds for existing nurseries, aiming to finance the development, expansion, and establishment of new daycare centers. The financing features an annual interest rate of 5%, with repayment periods ranging from one to four years, and a grace period of up to three months. The program aims to enhance childcare and development services, ensure project sustainability, and create job opportunities, in line with the government's efforts to improve the quality of early childhood services.
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