Tanmeyah is launches V.S.E Product starting with (33) branches in (10) governorates.The product targets clients are those clients who are engaged in the small business activities. The loan size ranges from EGP 30,000 to EGP 100,000 and loan tenor ranges from 6 months to 24 months knowing that the product will be directed to all clients engaged in various activities in accordance with a (commercial register and tax card), in addition to pharmacists.
This Product is specialized with accurate study for the client as well as preparing financial studies which leads to reducing risk and default rate, In addition to client’s follow up after lending.
The Product is used to finance the working capital for the facility and also financing fixed assets (machinery and equipments except real estate) with special and competitive interest rate and affordable lending procedures.
Also this product is considered a new launch for Tanmeyah, in addition to the launch of various services besides the financial services such as (super fawry).
Good calibers will be selected to work in the V.S.E product in both Upper Egypt and Delta such as (Behera – Daqahlia – Sharqia – Menofia – Gharbia – Kafrel shiekh – Asyut – Menia – Souhag – Qena).
V.S.E product will be distributed to a wide range of Tanmeyah’s targeted small business clients, to achieve different economic benefits that will lead to increase country’s economic growth.