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7,500 "Mastora" projects worth LE113 mln: Social Solidarity min.
The Egyptian Gazette Published in The Egyptian Gazette on 22 - 06 - 2018

CAIRO, June 22, 2018 (MENA) - The number of projects being implemented through "Mastora" project has climbed to 7,500 with a total cost surpassing LE 105 million, Egypt's Social Solidarity Minister Ghada Waly said.
This came as Nasr Social Bank (NSB) received the second tranche of a loan allocated for Mastora project from Tahiya Masr Fund that hit LE 100 million, out of LE 250 million, the total funds dedicated to the project.
The project offers from LE 4,000 to LE 20,000 to breadwinners given away in a form of project not sums, Sherif Farouk, the deputy CEO of NSB, said in statements.
The average of loans dedicated to projects is up to LE 15,000, the deputy CEO added.

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