Aga Khan Agency for Microfinance Expands in Egypt

Aswan/Cairo, Egypt, 27 October 2008 – The First Microfinance Foundation (FMF), a subsidiary of the Aga Khan Agency for Microfinance (AKAM), and the United States Agency for International Development (USAID), have signed an agreement that will increase microfinance support to poor and low income families and small businesses in the Aswan Governorate. At present, the Aswan Governorate has one of the lowest levels of access to microfinance in Egypt.

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Earlier related: Microfinance in Aswan: A little goes a long way

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Author: ismailimail

Independent, civil society media featuring Ismaili Muslim community, inter and intra faith endeavors, achievements and humanitarian works.

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