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الشورى
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Nasser Social Bank Extends "Hparenti" Funding
The Social Nadary Bank has announced the continuation of its "Hadanaty" financing product, with the maximum loan amount for existing nurseries raised to one million Egyptian pounds. This aims to support the development and expansion of nurseries and ensure their sustainability. The financing is allocated to owners of existing nurseries and those wishing to establish new ones, with the goal of enhancing the quality of childcare services for children under the age of four. The loan 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. Applicants must meet certain conditions regarding their age and submit the necessary documents. This initiative is part of the bank’s strategy to support social projects and stimulate economic development, contributing to creating job opportunities and improving early childhood services in Egypt.
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