overview on loans program

Investment in Small and Micro-Projects

This program offers the graduates of training programs micro-credit (350 – 2,000 EGP) or small loans (2,500 – 10,000 EGP) to start their own business. The beneficiaries pay minimal service fees to receive guidance throughout their start-up and growth phases, which involves:

• Training beneficiaries on projects’ management, financial management, and marketing.
• Giving marketing advises, solving operational problems, and monitoring venture performance to reach its financial and social goals.
• For micro-credit beneficiaries, AYB-SD offers Conditional Cash Transfer (CCT), which is a quarterly micro-grant given to beneficiaries who have high venture performance but face some financial problems. These micro-grants are given to beneficiaries to support the following: marriage costs of beneficiaries’ sons/daughters, health operations, or education costs.
• In case the beneficiary cannot pay the loan due to uncontrollable circumstances (death of the beneficiary, death of the husband/wife or one of the children, special crisis as in the case of house collapse, robbery…etc), it is expected that AYB-SD will pay the rest of the loan on behalf of the beneficiary.

Investment in Human Capital

Loans are also given to the poor who wish to take a vocational training to be able to work as a freelance, in the private sector, or establish their own projects afterwards. Usually loans are in the range of (750 – 3,000 EGP).

Types of Projects:

• Hand-made carpets
• Leather making
• Grocery
• Glue-making
• Scrap trading
• Sewing workshops
• Durable goods
• Mini-markets
• Food carts
• Computer and mobile maintenance and selling
• Gas cylinders
• Professional painting
• Electric work
• Driving heavy equipments
• Ceramics and earthenware
• AC maintenance
• Mechanics

Our model

Read more about our development model.