Product details:

• Amount: from EGP 2,000,000 to EGP 20,000,000
• Tenor (maturity): up to 60 months. Maximum maturity depends on the loan purpose.
• Purpose of the loan:
  • Activity operation expansion and Working capital finance.
  • Financing for the investment.
• Disbursement method: bank transfer or credit (digital money) into Fawry account.
• Grace Period: up to 6 months and applied only in case of financing for the investment.
• Payment Frequency: Monthly, Quarterly, Semi Annually and Annually.
• Coverage Areas: the majority of the Egyptian Governorates are covered.

Conditions:

• Business experience: not less than 6 months
• Client’s age: from 21 to 70 years’ old
• Business type: Trade, Production, Services and Industrial.

Documents:

• A valid national ID.
• Ownership/rental contract for housing or utility bill.
• A lease/ownership contract for the business activity.
• Copy of the commercial register and tax card or operating licenses (based on type of activity).
• Business photos.
• Other documents can be extended based on the loan amount or specific business nature.

How to Apply:

• Website
• Hotline
• Fawry MSME Official Social Media Accounts
• Mobile Application (تمويلك فوري)