{"id":602596,"date":"2019-04-01T03:23:00","date_gmt":"2019-04-01T03:23:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/tamweely-looks-to-grow-to-38-branches-in-egypt-by-2019-end\/"},"modified":"2019-04-01T03:23:00","modified_gmt":"2019-04-01T03:23:00","slug":"tamweely-looks-to-grow-to-38-branches-in-egypt-by-2019-end","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/tamweely-looks-to-grow-to-38-branches-in-egypt-by-2019-end\/","title":{"rendered":"Tamweely looks to grow to 38 branches in Egypt by 2019-end"},"content":{"rendered":"<p>State-owned NI Capital\u2019s microfinance arm Tamweely is targeting growing its number of branches to 38 across 11 governorates by the year-end, <u><a href=\"https:\/\/ent.news\/2019\/4\/1845.pdf\">according to a press release (pdf)<\/a><\/u>. The company\u2019s expansion strategy for the year also sees its portfolio growing to EGP 700 mn in loans to north of 40k microfinance users. Tamweely also signed an agreement with six local banks, including the National Bank of Egypt and the Egyptain Arab Land Bank, to extend EGP 700 mn in funds for its portfolio.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State-owned NI Capital\u2019s microfinance arm Tamweely is targeting growing its number of branches to 38 across 11 governorates by the year-end, according to a press release (pdf). The company\u2019s expansion strategy for the year also sees its portfolio growing to EGP 700 mn in loans to north of 40k microfinance users. Tamweely also signed an [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9298],"tags":[2372,72,311,1045],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-602596","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","tag-microfinance","tag-tamweely","wpautop","entry"],"acf":{"mongo_id":"d3fccc23-2f6f-41df-8f48-aa95ec832f11","is_powered_by":true,"section_story_id":"ec7e978b-ce5c-43ca-924d-302d408ef0f0","story_type":"1","photo_url":"","photo_position":"above","related_issue":[602559],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Tamweely looks to grow to 38 branches in Egypt by 2019-end - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/tamweely-looks-to-grow-to-38-branches-in-egypt-by-2019-end\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tamweely looks to grow to 38 branches in Egypt by 2019-end\" \/>\n<meta property=\"og:description\" content=\"State-owned NI Capital\u2019s microfinance arm Tamweely is targeting growing its number of branches to 38 across 11 governorates by the year-end, according to a press release (pdf). The company\u2019s expansion strategy for the year also sees its portfolio growing to EGP 700 mn in loans to north of 40k microfinance users. Tamweely also signed an [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/tamweely-looks-to-grow-to-38-branches-in-egypt-by-2019-end\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-04-01T03:23:00+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/tamweely-looks-to-grow-to-38-branches-in-egypt-by-2019-end\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/tamweely-looks-to-grow-to-38-branches-in-egypt-by-2019-end\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Tamweely looks to grow to 38 branches in Egypt by 2019-end\",\"datePublished\":\"2019-04-01T03:23:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/tamweely-looks-to-grow-to-38-branches-in-egypt-by-2019-end\/\"},\"wordCount\":90,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"EnterpriseAM\",\"microfinance\",\"Tamweely\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/tamweely-looks-to-grow-to-38-branches-in-egypt-by-2019-end\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/tamweely-looks-to-grow-to-38-branches-in-egypt-by-2019-end\/\",\"name\":\"Tamweely looks to grow to 38 branches in Egypt by 2019-end - 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Khorshid did not specify a timeline for the transaction, but said the company was in\u2026","rel":"","context":"In &quot;DEBT WATCH&quot;","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":605263,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/26\/egypts-idb-grants-egp-50-mn-to-tamweely-for-msmes\/","url_meta":{"origin":602596,"position":3},"title":"Egypt\u2019s IDB grants EGP 50 mn to Tamweely for MSMEs","author":"enterpriseam admin","date":"26 December 2018","format":false,"excerpt":"The Industrial Development Bank (IDB) has signed a EGP 50 mn agreement with microfinance company Tamweely to provide financing for low-income projects and micro-SMEs, IDB Chairman Maged Fahmy announced. The funding is expected to support 8,000 clients across Egypt.","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":593026,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/14\/tamweely-seeks-egp-300-mn-in-loans-from-two-egyptian-banks\/","url_meta":{"origin":602596,"position":4},"title":"Tamweely seeks EGP 300 mn in loans from two Egyptian banks","author":"enterpriseam admin","date":"14 November 2019","format":false,"excerpt":"Tamweely Microfinance is negotiating with two unnamed banks to borrow EGP 300 mn to increase its women-focused funding portfolio and open several new offices, Chairman and Managing Director Amr Aboul Azm tells Al Mal. 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