SFD Egypt Eyes Total Finance To Hit EGP 2.1 bln By 2013-End

By Salma Ayman On Aug 27, 2013

The Social Fund for Development (SFD), is targeting to hit EGP 2.1 billion total financing of small and micro projects by the end of 2013, compared to EGP 1.2 billion in June 2013.

Ghada Wali, Secretary General of the SFD, said the fund is aiming to reach EGP 1.5 billion financing for small projects, compared to EGP 840 million in June 2013.

Wali has explained that the micro projects are on the top priorities and it aims to reach EGP 628 million in 2013, compared to EGP 457 million in June 2013.