Microfinance

Microfinance Products

BDC offers microfinance for all economic activities formal and informal that operate in the productive, industrial, commercial, and service sectors and their related activities and the self-employed (Except for agricultural, animal production, poultry and fish production activities). Also funding transportation and construction equipment of all kinds.
Also buyout loans, kinds of Motorcycles and all kinds of transportations vehicles.

Benefits:

• Expansions in existing activities / operational expansions.
• Loan for the expansion of existing activities.
• Loan for the establishment of the project for those with experience in the field.
• Loans for Motor overhauls - renovations and repairs - restructuring (refrigerators - cabins) - Maritime transportation and fishing boats - spare parts and supplies - changing rubber ... etc.
• Financing project establishment.
• Loan for buyout loan.
• Loans for all kinds of Motorcycles.
• Loans for all kinds of transportations vehicles.

Features:

Informal activities:

All economic activities that operate in the productive, industrial, commercial, and service sectors and their related activities, and the self-employed. (Except for agricultural, animal production, poultry and fish production activities).

Formal activities:

All economic activities that operate in the productive, industrial, commercial, and service sectors and their related activities.

Transportation & construction equipment:

All means of transportation and construction equipment of all kinds.

Motorcycles:

Loans for all kinds of Motorcycles.

Transportations vehicles:

All kind of transportation licensed by traffic units and other vehicles licensed by traffic.

Loan value and period

General Determinants for Granting Loans

• All installments are equal on monthly basis.

• Renewal for existing customers will be, according to the terms and conditions.

• The loan must be consistent to the size of the activity and its turnover rate.

• Conditions for customer and guarantor:

  • Egyptian nationality, fully qualified, of good reputation.
  • The age of the borrower isn’t less than 21 years old and not more than 65 years at the end of the loan period.
  • The customer or guarantor or one of them must not be ignorant of reading and writing.
  • That the guarantor of the customer requesting finance is not a minor
  • I-Score Credit Report.

Required Documents

• Informal activities:
  • Request for loan.
  • A copy of the valid national ID of the customer and the guarantor.
  • Authorization to investigate.
  • Signing the loan contract.
  • A new receipt to the customer for the place of residence.
     
• Formal activities:
  • A copy of the national ID of the customer and the guarantor.
  • The most recent proof for the customer and guarantor of the place of residence.
  • A lease or ownership contract for the location of the activity.
  • A tax card or most recent tax return.
  • A recent extract from the commercial register or (a permit to practice the profession for self-employed persons).
  • I-Score Report for the customer and guarantor.
     
• Transportation & construction equipment:
  • A copy of the national ID valid of the customer and the guarantor.
  • A lease or ownership contract for the location of the place of residence.
  • Vehicle license in the customer's name.
  • Contracted owners of cars from Uber and Careem.
  • Permit for Tok-Tok and tricycle (if any).
  • Owner’s Statement or customs release or operating permit of the owner instead of the vehicle license (construction equipment) when grants.
  • Operating permit (instead of license) or owner license for clients of marine transport and fishing boats.
     
• Transportations vehicles:
  • An original price offer with the name of the customer from a listed automobile exhibition addressed to Banque du Caire.
  • Vehicle license with the customer's name.
  • A copy of the national ID valid of the customer and the guarantor.
     
• Motorcycles:
  • An original price offer with the name of the customer from a listed Motorcycles exhibition addressed to Banque du Caire.
  • Motorcycle license with the customer's name.
  • A copy of the national ID valid of the customer and the guarantor.
     

Banque du Caire offers its services to provide microfinance in the following branches