Green finance
ABE
|
Product |
Description |
Uses of funds (capex vs opex) |
Clients/Types of Projects |
Conditions |
Interest rate |
Link |
| Agri mechanization loans | Financing mechanization for the agriculture sector. | CAPEX | Small farmers, agricultural cooperatives and agri-businesses. | The financing amount is up to 80% of the value of machinery and equipment, and the client must contribute 20%. Additionally, full financing is available for purchasing spare parts or performing repairs. The maximum loan limits for individuals are 250,000 EGP, for agricultural associations at 500,000 EGP, and for environmental companies (excluding joint-stock companies) are at 500,000 EGP. | N/A | Link |
| Raising livestock loans (Bab rizk) | Financing rural women, small traders, craftsmen, and street vendors. | CAPEX | Female breadwinners and livestock breeders | The loan amount ranges between 2,000 and 10,000 EGP, and the loan tenure ranges between 6 and 12 months. | 11.25% annually (declining rate) for individuals with special rights. | Link |
| Cooperative associations loans | Financing agricultural investment activities for cooperatives and associations | CAPEX & OPEX | Agricultural associations | The funding must be repaid within a maximum period of one year from the date of granting. Repayment can be made in a single installment at the end of the facility, depending on the association's activities and incoming cash flows. Funding period for investment activities is based on the cash flow status, with a maximum period of 5 years, including a grace period of up to one year. | 5% annually (declining rate) with no commissions. | Link |
| Crop loans | Financing farmers throughout the agricultural processes and production. | OPEX | Small farmers | The loan amount ranges from 2,000 to 10,000 EGP, and the loan tenure can range between 6 to 12 months. | 5% for supported crops (the central bank's lending rate) + 5% for non-supported crops. | Link |
| Dairy collection center loans | Financing the establishment and development of milk collection centers. | CAPEX & OPEX | Agricultural associations and breeders | For investment financing, funding covers 100% of the investment cost for equipment, machinery, and installations with no maximum limit and no administrative fees. For operational financing, a maximum of 500,000 EGP for financing operating expenses. | N/A | Link |
| Livestock loans | Financing livestock projects. | CAPEX & OPEX | Fresh graduates, small breeders, and farmers. | For livestock, the minimum investment is 3 heads, and the maximum investment is 55 heads. The term is a maximum of 1 year. | 5% for purchasing (local or imported veal) according to the Central Bank's initiatives. | Link |
| Medium and large enterprise loans | Financing machinery, new or used production lines, or working capital financing for company operations. | CAPEX & OPEX | Medium and large enterprises | The maximum funding period is in accordance with the project's cash flows, with a maximum of 10 years, including the grace period. | 8% annual decreasing with no commission. | Link |
| Modern irrigation loans | Financing the transition from a flood irrigation system to drip/spray irrigation systems. | CAPEX | Small farmers, agricultural cooperatives, and agribusinesses. | Funding for the costs of establishing drip irrigation systems and sprinkler irrigation systems. Benefits include a grace period of one year at the start of the project, an Interest-free loan with a repayment period of up to 10 years, annual installments, and simple procedures with no administrative fees. | Interest free | Link |
| Micro and small enterprise loans | Financing small and micro enterprises. | CAPEX & OPEX | Micro and small enterprises | Existing Companies: Micro-enterprises with annual sales that are less than 1 million EGP and a number of employees of fewer than 10. For small enterprises: annual sales/revenues for agricultural activities starting 250,000 EGP to less than 50 million EGP, and other sectors with 1 million EGP sales/revenues to less than 50 million EGP, and a number of employees that is fewer than 200. New Companies: Micro-enterprises with paid-up capital that is less than 50,000 EGP and a number of employees that is fewer than 10. For small enterprises with a paid-up capital of 50,000 EGP in industrial sectors to less than 5 million EGP, non-industrial sectors with less than 3 million EGP, and a number of employees that is fewer than 200. |
8% annual decreasing rate with no commission. | Link |
| Agriculture equipment loans | Financing the replacement of octane cars. | CAPEX | Car owners | The maximum funding limit of 450,000 EGP and the funding duration include repayment periods ranging from 7 years to 10 years. | N/A | Link |
| Solar pumping financing loans | Financing projects to modernize irrigation systems powered by solar energy. | CAPEX | Farmers and agricultural associations | Funding for the purchase of solar energy systems and equipment. The loan ranges between 50,000 EGP (minimum) and 1,000,000 EGP (maximum). | N/A | Link |
