Nasser Bank unveils new Takaful and Karama financing
The Ministry of Social Solidarity, in collaboration with the Nasser Bank, has announced the launch of new financing options for beneficiaries of the "Takaful and Karama" program, aiming to support small and micro enterprises. The financing covers agricultural, industrial, commercial, and service projects, with amounts ranging from 5,000 to 30,000 Egyptian pounds. The process offers simplified documentation and requirements, such as the applicant's age being between 21 and 60 years old, with repayment periods of up to three years. The program seeks to promote economic and social empowerment for the targeted groups through projects that support stability and foster productivity.
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