Local Development Fund

Local development fund’s loans increased to LE60,000 – Min.

Thu, 28 Jul 2022 - 02:15 GMT

The fund works on supporting economic development, particularly in the countryside, carrying out small and micro enterprises through offering soft loans for the needy, women with children and people with special needs.

Local Development Fund provided LE160M in loans in 8 years - minister

Thu, 07 Apr 2022 - 01:03 GMT

The fund provides micro and small loans for low-income families to raise their income and to reduce unemployment rates, said the minister.

Egypt's local development fund finances 2,194 small projects with LE24.3M investments

Wed, 03 Feb 2021 - 03:49 GMT

The governorates are: Minya, Sohag, Beni Suef, Dakahlia, Gharbia, Luxor, New Valley, Sharkia and Menoufia.

LDF to bankroll projects in 15 governorates worth LE2.4M

Mon, 11 Mar 2019 - 03:39 GMT

Seventy-two projects will be implemented in the Delta city of Gharbiya and 69 others in the Upper Egyptian city of Minya.

Local Development Fund seeks additional EGP 7m to support SMEs: min.

Wed, 02 Jan 2019 - 01:04 GMT

Local Development Minister Mahmoud Shaarawi said coordination is underway with the Finance Ministry to pump an additional 7 million pounds to the Local Development Fund to bankroll micro and small size enterprises.

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