Qardy and AlKheir Join Forces to Empower Egypt's Micro Businesses

Qardy and AlKheir are delighted to announce their strategic partnership to empower and support Egypt's Micro businesses in upper Egypt and northern delta This collaboration aims to provide Micro businesses with the necessary tools and resources to succeed in today's competitive business landscape. Through this partnership, we aim to bridge the financial gap within the Micro sector in Egypt through a comprehensive suite of products and services designed specifically to address the different needs of the industry.

According to Mr. Tamer Manasterly, COO & Co-Founder of Qardy, "We are thrilled about this strategic collaboration with AlKheir; together we aim to expand our coverage to upper Egypt and delta, providing micro businesses within these locations with tailored financial products to both manage their cash flow cycles and cover their working capital needs."

According to ALKHEIR CEO Ms. Hanaa ElHilaly, we are honored and delighted to engage in this constructive collaboration aimed at promoting the concepts and culture of financial inclusion and digital cash transformation in the country, addressing the needs of Egypt's vast market. We look forward to expanding soon with a significant number of branches across Upper Egypt and the Delta regions, targeting 30 branches by the end of 2024.

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