UN Women, SFD Secure EGP2.65mn for Egyptian Women in Sharkeya

As pursuant to its partnership with UN Women, Egypt’s Social Fund for Development will provide EGP 2.65 million finance to micro-sized projects dedicated to empower women in Egyptian governorate of El-Sharkeya economically.

In this respect, Egyptian SFD signed EGP 2.5 million loan contract and EGP 150.000 grant with Sharkeya Businessmen Association for Community Development (SBACD), to go for micro-sized projects for around 500 women in the governorate. Such projects aim to create new job opportunities or maintain current available jobs for them.

A partnership was recently made between SFD and the United Nations Entity for Gender Equality and the Empowerment of Women (UN Women). The agreement aims for empowering Egyptian women economically, notably those living in remote or rural areas as well as those working in micro-sized enterprises.