VSLAS (Village Saving & Loan Associations) - Egypt

Savings and loan groups in Egypt:

Projects that support savings and loan groups in Egypt:

The quotSavings and Lending Groupsquot project implemented by UN Women in cooperation with the National Council for Women, the Ministry of Social Solidarity and CARE International in Egypt with the support of the European Union. The project is designed to meet the constraints and challenges of such geographical locations, so the project targets low-income and marginalized women in rural communities, enabling them to participate in savings and lending groups and better manage cash in an efficient and flexible manner, while enabling them to invest in income-generating activities That guarantees them a stable cash income .

The project was implemented in the governorates of Beni Suef, Minya, Assiut, and Sohag. The projects varied between commercial projects, livestock and poultry farming, handicraft projects, baked goods and other investment projects .

Services provided by the project:

• Training services.
• Marketing services.
• financing services.
• Financial education.

Project work methodology:

The methodology of the Village Savings and Loan Associations is closely related to the challenges facing Egypt, as it allows the poorest and most marginalized individuals to save money in any amount they desire, and gives them the opportunity towards financial inclusion, and women take loans ranging from a few pounds to several hundred pounds without payments Introduction and without criteria for customer selection .

The parties involved in the project:

The National Council for Women is an independent national council, affiliated to the President of the Republic. It was established by Law No. 30 of 2018. The council aims to promote, develop and protect women’s rights and freedoms. It also aims to spread awareness about them, contribute to ensuring their practice, and consolidate the values of equality, equal opportunities and non-discrimination, all in accordance with the provisions of the provisions The Constitution, and in light of the international conventions and covenants ratified by Egypt .

• Contact means:
  • Address: Abdel Razzaq Al-Sanhoury Street - off Makram Ebeid - Cairo
  • Phone: 20223490060 + to 65
  • Fax: 20223490066 + to 68
  • Email : nbsp info@ncw.gov.eg
  • Website: www.ncw.gov.eg

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The Ministry of Social Solidarity seeks to provide social protection, integrated care, and economic empowerment for eligible citizens without discrimination. It also seeks to develop its services in various parts of the Republic and calls for coordinating efforts with the private and private sectors and the media to invest in joint action for the development of citizens and society .

• Contact means:
  • Address: 19 El Maraghy Street - Agouza - Giza
  • Phone: 2033375420 +
  • Website: www.moss.gov.eg

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CARE's work is focused on Upper Egypt, where it works closely through a rights-based approach with the poor and marginalized, civil society and government institutions to improve livelihoods on a lasting basis, using community-generated strategies and mobilizing local resources, CARE's work includes a number of different sectors including These include women's rights, education, governance, civic participation, agriculture and natural resource management

• Contact means:
  • Address: 8 Street 64 - Tenth District - Zahraa El Maadi - El Basateen.
  • Website: nbsp www.care.org.eg

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