Egypt’s online lending marketplace Qardy and Sandah ,an Egyptian microfinance institution are delighted to announce their strategic partnership to empower and support Egypt’s Micro, Small and Medium Enterprises (MSMEs). This collaboration aims to provide MSMEs with the necessary tools and resources to succeed in today’s competitive business landscape.
According to Mr. Abdel Nabi, Founder of Qardy, “We are thrilled about this strategic collaboration with Sandah; together we aim to expand our coverage to cover the full extent of MSMEs sector, providing them with tailored financial products to both manage their cash flow cycles and cover their working capital needs.
Sandah is an Egyptian microfinance institution founded in 2018 under Egypt’s Microfinance Law. It was established to satisfy the demands of Egypt’s enormous, unexplored market. Sandah’s objective includes financing and supporting small enterprises to help provide job opportunities and economic development for the
country’s small entrepreneurs.