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Economic Empowerment

 

Building on an integrated development approach, ALEXBANK, with its partners, continuously strives for inclusive economic growth. By supporting key initiatives, enabling services and capacity-building, and directing donations to communities in need, the Bank fully assists in economic empowerment in line with its shared value strategy.

DEVELOPING 10 VILLAGES, ASWAN

Building on the successful cooperation of ALEXBANK with Zakat Foundation from 2015 to 2017 to develop 5 ultra-poor villages in Edfu Center Aswan, a new partnership was established with Kheir wa Baraka NGO to solidify our intervention in favor of these marginalized communities in addition to 5 more villages. The integrated development approach covers a range of development interventions and assistance to 50 ultra-poor families through basic, preventive and curative healthcare services, skill-development workshops, in-kind donations, and micro-projects assistance with the objective of raining the villagers’ independence.  To date, more than 50 families living in these five villages have profited and 67 microloans provisioned.
Partners: Kheir Wa Baraka NGO

Women Education

Aiming to combat the phenomenon of early marriage that is widely spread in West Nile villages located in Giza, the project targets 120 women through improving the living conditions, social and psychological improvements, building the capacity of 5 NGOs and their staff, introducing awareness campaigns to the target communities and helping target beneficiaries establish their own micro-projects as a sustainable source of income.

Partners: Appropriate Communication Techniques for Development Center (ACT)

From farm to fork

This project aims to support 4,000 women living in rural areas in scaling up their micro-business activities. The focus lies on processing tomatoes into high quality consumer products, with a pilot phase completed in 2018.
Partners: Knowledge Co. for Sustainable Development

 

For more information about ALEXBANK’s  activities in the field of social responsibility and sustainable development or if you have queries or concerns related to the environmental and social performance of projects financed by ALEXBANK, please contact us.

We encourage all your suggestions and opinions.

Email: CSR@Alexbank.com

Phone No.: 202-2399200

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