Founded in 2017, Tamweely Microfinance is a non-banking organization that empowers young entrepreneurs, women and craftsmen through providing financing for micro and small enterprises. Enlightened with the belief in the tremendous potentials of Egyptian individuals in initiating employment opportunities for themselves and others, Tamweely now operates through more than 40 branches serving more than 66k customers.

Tamweely aims to empower MSMEs in Egypt seeking non-banking financial support. The company is an investment endeavor that AYADY launched with the purpose of financial inclusion targeting to grant businesses the accessibility to products and services of financial institutions in its various forms at reasonable cost and sustainable dynamic. This venture also seeks to formalize the sector and offer different services to an underserved sector that represents a staggering 60% of the Egyptian economy.

Tamweely Microfinance takes serious actions in the alleviation of Egyptian poverty and the growth of sustainable employment opportunities. These actions are strategically taken through comprehensive and in-depth solutions, introduced in the form of market-focused financial services, hybrid distribution channels, focused partnerships and more.

Enmaa Finance provides Shari’a compliant leasing and factoring solutions for a wide variety of businesses, through improving business cash flow and financing commercial and administrative real estate, transportation, IT equipment, industrial equipment, used equipment sales, and upgrading, expanding or purchasing of new production lines and machinery.

The company was founded in April 2015 as a joint stock company under The Islamic Corporation for the Development of the Private Sector (ICD), Arab Investment Bank (AIBK) and AYADY; the investment comes also as part of AYADY’s business approach and core principles of enabling the MSME’s, financial inclusion, creating job opportunities and directing attention and funds towards underserved sectors.

EVCC is the only active investment vehicle in Egypt with the mandate of investing in distressed companies. The company was founded, as a response to macro-economic circumstances such as the currency floatation in 2016, with focus on the support, growth and development of distressed SME’s in the industrial sector of the Egyptian market. The team specializes in identifying high-growth companies restricted by financial squeezes and are experts at actively investing in them to realize their growth potential and to achieve their true value. This is accomplished through financial and operational restructuring plans performed by in-house investment professionals with a proven track-record, in close collaboration with management of our portfolio companies.

EVCC invests through various mechanisms (equity, debt and/or convertible debt) depending on the investee company’s needs and position. Distressed companies will often have viable businesses at the core but face issues such as financial squeezes, temporary operational difficulties, over-leveraged balance sheets, or managerial shortcomings, which could be induced by macro-circumstances beyond their control.

As EVCC continues to successfully establish its investment methodology in the Egyptian Market, the demand for its service amplifies due to further straining macro-events, namely the Covid-19 pandemic and its repercussions.