Very Small Term Loans

Term Loan is a Loan that is disbursed for a specific maturity and having equal monthly installment.

Product details:

  • Amount: from EGP 267,000 to EGP 2,000,000
  • Tenor (maturity): up to 36 months. Maximum maturity depends on the loan purpose and loan amount.
  • Purpose of the loan:
    • Working capital
    • Fixed assets
    • Mixed (Working capital and fixed assets)
  • Disbursement method: cash, or credit (digital money) into Fawry account.
  • Guarantor/s: 2

Conditions:

  • Business experience: not less than 12 months
  • Client’s age: from 21 to 64 years’ old
  • Business type: Trade, Production, Services (except agriculture & construction business)

Documents:

  • A valid national ID for the customer and guarantors.
  • Ownership/rental contract for housing or utility bill.
  • A lease/ownership contract for the business activity.
  • Copy of the commercial register and tax card
  • 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)