Aman for Microfinance, a subsidiary of Raya Holding for Financial Investment, established in 2018. Works as an arm for Aman Financial services a leading FINTECH company in Egypt, providing suitable timely and diversified financial solutions for the non-banked or those who have limited access to funding empowered by advanced technology solutions to make the process easier, faster, and more beneficial.
The company began its activities in four branches in the governorates of Cairo, Giza, El Mansoura, and Asyut, with plans to reach 55 branches by the end of 2019. These locations have been defined and selected to be as conveniently close to the targeted market as possible.
Aman Microfinance plans to double capital, increase portfolio to EGP 500m in 2019
Aman for Microfinance has revealed its strategic plan to double its capital by EGP 50m by the end of this year, taking it to EGP 100 million. Ahmed El-khatib, the general manager and managing director of the company, said that with the growth of the company’s business volume since its launch in 2018, it has […]