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Egypt’s microfinance balances jump 47% in 2019
The value of microfinance balances in Egypt rose by 47% year-on-year during 2019, head of the Egyptian Microfinance Federation, Mona Zulficar, revealed. Total microfinance amounted to EGP 26.1 billion last year from EGP 17.7 billion in 2018, Zulficar said in a statement on Tuesday. The number of beneficiaries grew by…
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