Financing for Micro-, Small and Medium Enterprises (MSME) II

Background :

MSMEs in Egypt suffer from limited access to finance through formal financial institutions, which focus on serving larger established companies. The Government and the Central Bank of Egypt (CBE) are putting Pressão sobre os bancos para alcançar mais PMEs com crédito e outros produtos financeiros. Condições para o crescimento econômico sustentável e o emprego no Egito. Ao estabelecer e implementar o empréstimo de 30 Mio Eur para MPMEs, apoiando a elaboração da política e dos procedimentos da Política e da linha de crédito adequadas e dando conselhos sobre os pedidos de empréstimos individuais, quando necessário. Embora sejam apenas serviços apenas para a start-up, os serviços contribuem para fortalecer mais MSME-DA, especialmente o sistema de gestão ambiental e social (ESMS) para esses empréstimos e a esfera de avaliação e gerenciamento de riscos para os grupos e instrumentos-alvo das janelas de empréstimo, a última), incluindo a financiamento e o número de inovação. Manual

The purpose of the Project is to improve the access of Egyptian MSMEs to need-based financing in order to enable them to increase and safeguard employment and income. This is to contribute to the improvement of the conditions for sustainable economic growth and employment in Egypt. KfW committed to fund technical assistance in addition to 30 mio EUR credit line allocated for Egypt MSMEs, especially focusing on start-ups and innovative enterprises, funded via Egyptian Micro, Small and Medium Enterprises Development Agency (MSME-DA) and selected Partner Financial Institutions.

Objective:

Support MSME-DA in setting-up and implement the 30 mio EUR loan for MSMEs, by supporting the elaboration of the proper policy and credit-line document and procedures, and by giving advice on the individual loan applications where required. Although being only services for the start-up only, the services shall contribute to strengthen further MSME-DA, especially Environmental and Social Management System (ESMS) for such loans and the sphere of Risk Assessment and Management for the target groups and instruments of the loan windows, the latter including as well the finance of innovation.

Results:

• Strengthen the Environmental and Social Management System
• Compile Electronic Archive / Credit Line Handbook
• Previsão de necessidades de financiamento de MPMES
• Monitor Cooperação
• Support the disbursement process of the Credit line
• General Reporting on the Credit Line and Cooperation