During the third quarter of 2020, microfinance credit geared towards trade covered 61.3 percent of the microfinance activities. Moreover, microcredit to the agricultural and services sectors occupied 16.9 percent and 14.6 percent of the total capital provided in the same period, respectively. Overall, Egypt's informal economy is significant, and the microfinance institutions aim to increase financial inclusion, widen the tax base, and support small and medium enterprises.
Microfinance credit in Egypt as of the third quarter of 2020, by activity
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Oxford Business Group. (May 1, 2021). Microfinance credit in Egypt as of the third quarter of 2020, by activity [Graph]. In Statista. Retrieved December 04, 2024, from https://www.statista.com/statistics/1257914/microfinance-credit-by-activity-in-egypt-in-2020/
Oxford Business Group. "Microfinance credit in Egypt as of the third quarter of 2020, by activity." Chart. May 1, 2021. Statista. Accessed December 04, 2024. https://www.statista.com/statistics/1257914/microfinance-credit-by-activity-in-egypt-in-2020/
Oxford Business Group. (2021). Microfinance credit in Egypt as of the third quarter of 2020, by activity. Statista. Statista Inc.. Accessed: December 04, 2024. https://www.statista.com/statistics/1257914/microfinance-credit-by-activity-in-egypt-in-2020/
Oxford Business Group. "Microfinance Credit in Egypt as of The Third Quarter of 2020, by Activity." Statista, Statista Inc., 1 May 2021, https://www.statista.com/statistics/1257914/microfinance-credit-by-activity-in-egypt-in-2020/
Oxford Business Group, Microfinance credit in Egypt as of the third quarter of 2020, by activity Statista, https://www.statista.com/statistics/1257914/microfinance-credit-by-activity-in-egypt-in-2020/ (last visited December 04, 2024)
Microfinance credit in Egypt as of the third quarter of 2020, by activity [Graph], Oxford Business Group, May 1, 2021. [Online]. Available: https://www.statista.com/statistics/1257914/microfinance-credit-by-activity-in-egypt-in-2020/
