Egypt Allocates EGP 56M to Train, Microfinance Women in Upper Egypt

News Agencies

Last Wednesday, the Ministry of Social Solidarity revealed a project to train women in Menya, Qena, and Luxor governorates on business management and financing their micro-enterprises.

The value of the project is EGP 55,999,745, and it includes providing technical support, follow-up, supervision of the projects’ implementation, and securing a headquarters for each of the enterprises.

The beneficiaries will be women enrolled in the monetary subsidies program Takaful w Karama, so as 25,000 will be trained in business management, 2,250 in livestock farming, and 300 in handicrafts.

Moreover, 8,750 will be micro-financed, and 1,000 livestock enterprises will be granted insurance. Further, 66 instructors will be qualified to deliver the training, and 110 workers will be prepared to carry out follow-ups on the progress of the projects.

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