By: Islam Fadl

Cairo – Mubasher: Tamweely Microfinance has plans to inject EGP 100 million in financing between July and December 2018, its chairman has said.

The company will focus on funding commercial projects, with a special attention to productive women, Amr Abou El Azm told Mubasher on Wednesday. 

Tamweely will sign agreements with three Egyptian banks to secure EGP 100 million in mid-August.

In May, Tamweely was in talks with banks to obtain an EGP 200 million loan.

Translated by: Muhammad Khalid