Cairo, September 27, 2023
Tanmeyah for Microenterprise Services, a subsidiary of EFG Holding and Egypt’s leading provider of microfinance solutions, is delighted to announce its involvement in the inaugural edition of the “Business Ya Shabab” exhibition, held under the auspices of the Council of Ministers at the Cairo International Stadium at Pavilion B10. The primary objective of this participation is to empower 150 young artisans and entrepreneursin small and micro-industriesbyoffering a comprehensive selection of financing solutions tailored to their unique needs.
This exhibition is scheduled to run from September 28th to October 4thof 2023, providing aninspirational platform for young entrepreneurs with micro and smallenterprises to showcase their innovative productsto the public and to potential investors. The event also incorporates dedicated educational workshops where young individuals can acquire valuable skills and insights into business.
In this context, Jinu Johnson, CEO of Tanmeyah, underscores that Tanmeyah’s participation in the exhibition aligns with the company’svision of fostering growth and prosperity among young visionary entrepreneurs and artisans, supporting the pivotal role played by this dynamic segment in advancing Egypt’s economic development. Johnson emphasizes that Tanmeyah stands out for its diverse range of financing solutions and highly flexible programs, meticulously designed to empower young entrepreneurs to realize their ambitions. This, in turn, positively impacts the overall development of the national economy through addressing unemployment.
By empowering the next generation of business owners, Tanmeyah plays an integralpart in building an inclusive and sustainable economy with widespread benefits for thecommunity. Participation in the exhibition marks an exciting step in Tanmeyah’s ongoing efforts to develop Egypt’s talent pool and bolster the country’s efforts in promoting its micro-business ecosystem.
Launched in 2009, Tanmeyah has grown to become Egypt’s premier microfinance player, providing access to critical capital that can transform lives, build businesses, and drive socioeconomic change. With the widest branch network in the country, deep industry knowledge, and community ties, Tanmeyah has improved the lives and built businesses of millions across the country. Tanmeyah has issued over 2 million financing facilities of various types and sizes. It currently serves a client base of around 400,000 active borrowers through its network of over 306 branches and 4,200 employees in 25 governorates.
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