MFI ReportPartnerships
| Name | Relationship |
|---|---|
| Sanabel | Network Affiliation |
Mission:
The Assiut Bussinessmen Association takes great pride in its social projects in addition to the microfinance programs that are the most significant activities with over 3,000 employees and a very large balance sheet. The geographic goal is to serve all regions of Egypt that are not already ... Read more
The Assiut Bussinessmen Association takes great pride in its social projects in addition to the microfinance programs that are the most significant activities with over 3,000 employees and a very large balance sheet. The geographic goal is to serve all regions of Egypt that are not already served by others. Projects are currently being serviced in the Assiut, New Valley, El Minia, El Fayioum, Sohag, Kena, and Aswan governorates. Hide
Background and Main Challenges:
ASBA was registered in 1994 as a Non Governmental Organization (NGO) under the Ministry of Social Affairs. The MFI is currently owned by its General Assembly, composed of 71 members.
Theoretically, members of the Board of Directors have a six-years mandate with one-third up for re-election ... Read more
Theoretically, members of the Board of Directors have a six-years mandate with one-third up for re-election ... Read more
ASBA was registered in 1994 as a Non Governmental Organization (NGO) under the Ministry of Social Affairs. The MFI is currently owned by its General Assembly, composed of 71 members.
Theoretically, members of the Board of Directors have a six-years mandate with one-third up for re-election every two years.
ASBA provides microcredit through two loan product types, the individual loan for small and micro enterprises (SME) started in 1996 and
the group (Bashayer) loan started in late 1999. Both were designed initially by EQI, the technical service provider contracted by USAID. There have been no significant changes to the product terms since the respective programs started. Hide
Theoretically, members of the Board of Directors have a six-years mandate with one-third up for re-election every two years.
ASBA provides microcredit through two loan product types, the individual loan for small and micro enterprises (SME) started in 1996 and
the group (Bashayer) loan started in late 1999. Both were designed initially by EQI, the technical service provider contracted by USAID. There have been no significant changes to the product terms since the respective programs started. Hide
Address:
El Shark Insurance Towers El Geish St. 1st Fl.
Assiut
Egypt
Phone:
00 20 88 2 341 766
Fax:
00 20 88 2 341 755
Email:
el_asaba [at] net [dot] com
Website:
Main Funding Sources:
Grants
Loans
Products and Services:
Loans
Products:
Individual Loans
Group Loans
Group Loans
Services Provided:
Health
Education
Other
% Operations Comprised by MF:
21 - 30
Date established:
Jan 1 1995
FYE:
31-Dec
Current Legal Status:
NGO
Regulated:
no
At a glance
- Assets
- Gross Loan Portfolio
- Equity
Contacts
-
Engy Nashaatnashaat_engy [at] yahoo [dot] com+2 088 234 17 66 ( ext. 420 /421 )
