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Low income earning women are generally considered risky in the banking industry and that means they cannot borrow and consequently have no credit history.
That’s also the story of Egyptian women who though have small businesses supporting their families, cannot raise credit to expand.
For almost 3 decades now an Egyptian Non Governmental Organization is aiming to empower low-income women by providing them with small loans.
It also helps them set up and grow the businesses to support their families better. The women have to belong to a borrower’s club to guarantee repayment then they can access individual and group loans.
