Green finance
MSMEDA
|
Product |
Description |
Uses of funds (capex vs opex) |
Clients/Types of Projects |
Conditions |
Interest rate |
Link |
| Biogas financing | Financing biogas domes for farmers. Selected features include: 40% Grant and 60% loan. | CAPEX | Micro enterprises and individual small holder farmers | N/A | Interest: 8%, and Payment plans are up to 5 years | Link |
| Direct loans | Financing small projects directly through the agency's branches. | CAPEX & OPEX | Commercial, service, and agricultural projects. | Legal capacity, good conduct, and proficiency in reading and writing. The applicant must be fully dedicated to the project and its management, and must reside in the same governorate where the project is located or in a neighboring governorate. Exemption from military service is required, or the completion of it, or postponement for a period that covers the financing period for clients up to the age of 32. The project must be technically and economically feasible and comply with environmental requirements. These conditions must be met by the individual establishments. In the case of financing companies, these conditions must be met by those authorized to sign and manage the company. | N/A | Link |
| Financing through banks | Financing small projects through MSMEDA's partner banks (enquiries about the partner entities can be made through the agency's branches). | CAPEX & OPEX | Small enterprises | Legal capacity, good conduct, and proficiency in reading and writing. The applicant must be fully dedicated to the project and its management, and must reside in the same governorate where the project is located or in a neighboring governorate. Exemption from military service is required, or the completion of it, or postponement for a period that covers the financing period for clients up to the age of 32. The project must be technically and economically feasible and comply with environmental requirements. These conditions must be met by the individual establishments. In the case of financing companies, these conditions must be met by those authorized to sign and manage the company. | N/A | Link |
| Financing through non-bank financial institutions | Financing small projects through non-bank financial institutions (enquiries about the partner entities can be made through the agency's branches). | CAPEX & OPEX | Commercial, service, and agricultural projects. | The application is submitted to non-bank financial institutions (institution or association) located within the geographical scope of the proposed project, the financing conditions are reviewed by the intermediary. The client is inquired about by the intermediary, a field visit is conducted to the client. The required documents must be submitted to obtain financing, and the client can be assisted in preparing a simplified feasibility study for the project. | N/A | Link |
| Microfinancing | Financing micro-enterprises to help them evolve | CAPEX & OPEX | Micro enterprises (Breadwinner women and informal economy) | The applicant must hold the Egyptian nationality, have a valid national ID number, and reside in the same governorate as the activity, or in a neighboring governorate, the applicant must be older than 21 years old and has legal capacity, is able to read and write, to have an existing project or have sufficient skills to manage the project. There must be a simplified study of the project or a simplified financial statement indicating the feasibility of the project. | N/A | Link |
| Solar irrigation financing | Financing solar irrigation products for farmers | CAPEX | Micro enterprises and individual small holder farmers | N/A | N/A | Link |
