Tanmeyah is founded and 38 branches are established in Cairo and Delta, serving 16,000 customers.
Tanmeyah’s network of branches grows to 88 across Egypt, revenues top EGP28.1 million, and the number of customers surpasses 69,000.
Tanmeyah reacts quickly to the political and economic turmoil of the 25th of January Revolution, retaining its employees by refraining from lay-offs and salary cuts. It increases its invested capital to EGP50 million, works to reduce loan risk below 5%, and invests in staff training. Remarkably, Tanmeyah grows to 94 branches across Egypt.
Tanmeyah grows to 105 branches across Egypt, primarily through expansion in Upper Egypt, building 10 new branches there. Hiring and training of staff also expands and the number of employees to more than 1,400. The number of customers reaches 80,000 with an issuance portfolio value of EGP247 million.
Tanmeyah provided financing of EGP458 million for 70,000 customers, with an outstanding loans value of EGP285 million.
Tanmeyah provided financing of EGP623 million through 82,738 issuances. Tanmeyah ends the year with 87,500 active borrowers and EGP380 million in outstanding loan value.
Tanmeyah provided financing of EGP868 billion through 108,203 issuances, accompanied by a notable growth in the number of branches to 114 nationwide.
Tanmeyah provided financing of EGP882 million through 96,631 issuances. The number of borrowers reached 96,004 serviced through 119 branches nationwide.
Tanmeyah provided financing of EGP2.0 million through 179,165 issuances, while the number of borrowers increased to 166,649 and branches to 150 nationwide.