Small business lending on the rise for Egyptian women

Small business lending for Egyptian women has increased significantly in 2018, allowing more women, especially in rural areas, to start their own enterprises.
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Asmaa Megahed, a carpenter and designer, works in her workshop in Cairo, Egypt, Feb. 27, 2017. - REUTERS/Amr Abdallah Dalsh
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N.A. Hussein
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CAIRO — Small businesses continue to serve as a gateway into a better economic life for many Egyptian women, especially in the country’s rural areas and Upper Egypt.

Nevein Gamea, the executive director of the state-owned Micro, Small and Medium Enterprise Development Agency (MSMEDA), said in an April 14 statement that rural women control 51% of the total MSMEDA-funded projects.

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