Mashro3k
Initiative is powered & run under the supervisory of Ministry of Local Development
Loan Features
High Loan Amount
Extended Duration
Life & Accidents Insurance
Mashro3ak
Initiative is powered & run under the supervisory of Ministry of Local Development, grants you facilities up to 150,000 EGP to expand your Business
Get your Microfinance loan from ALEXBANK
Now… Stay safe and apply online for your Microfinance Loan
Loan Features
- Loan amount Up to 150,000
- Loan duration Up-to 48 months
- Life insurance Throughout the loan duration
Program Requirements
Eligibility and requirements:
- Customer age: Starting from 21 till 65 years old.
- Minimum length of business:
- Operating, with a minimum 1-year length of business to be proved either by documents OR by field Investigation visit
- Start-ups, that didn’t perform this activity before, under the condition that they received the technical and know how training
Required Documents:
- Initiative recommendation letter
- Commercial Register
- Tax Card
- National ID
- A copy of the Ownership or rental contract for business site.
- Recent telephone, electricity or gas utility
Loan Status
View your loan status with internet banking services and mobile banking application
- Outstanding Loan Amount
- Next Installment
- Original Balance
- Loan Tenure (Contracting date / Maturity date)
- Loan Transactions
Download ALEXBANK Mobile Banking Application and enjoy exceptional features:
Download ALEXBANK Mobile Banking Application and enjoy exceptional features:
Easy login with Touch ID/Fingerprint & fast transfers to your own accounts or to other accounts inside Egypt with the O-Key link
Monitor all your banking transactions (accounts, credit cards, loans, time deposits and certificates of deposits)
View and settle your credit card dues, and execute your bill payments through Fawry services
Send your account number information including IBAN from your mobile via WhatsApp, SMS or email
Locate your nearest ALEXBANK Branch or ATM across the country and view the latest FX rates with our currency calculator
