egabiFSI, a company specializing in fintech solutions and software for the financial sector, has signed cooperation agreements with seven non-governmental organizations (NGOs) and civil institutions active in microfinance. The goal is to provide a specialized electronic system that will boost the institutional and operational efficiency of these entities, helping them meet the requirements for institutional upgrades across different categories, in line with the sector's regulatory guidelines.
These agreements are part of efforts to support the institutional upgrade project led by the Egyptian Microfinance Federation for Medium, Small, and Micro Enterprises. This project aims to enhance the readiness of NGOs and civil institutions involved in microfinance to move between categories "A," "B," and "C" by fulfilling the necessary technical and operational requirements. This will ultimately improve the sector's efficiency and its ability to serve beneficiaries.
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