In Egypt, lending apps boost cash-strapped women business owners

  • 📰 SowetanLIVE
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

'I could not sleep because of the debts, but finding this app saved me and my children.'

Many online gameyas have no interest rates, and registration requirements are minimal: just uploading an ID, signing a contract in person, and providing monthly income statements.

Mohamed turned to an online app called MoneyFellows to help her repay the 15,000 Egyptian pounds that she owed the microfinance company for her shop. Three-quarters reported a drop in business in 2020, and 9% had to shut down completely, according to a survey by Egypt's Ministry of Planning.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bottoms up: Eastern Cape brewers get business-boosting tourist route | CitypressThere are at least 13 small-scale liquor manufacturers in the Eastern Cape that offer not only alcoholic beverages, but some of the best holiday experiences including food at unique and top restaurants. For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him Arnoldnike93 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success⚖️
Source: City_Press - 🏆 7. / 72 Read more »

The Arch was never afraid of calling out leaders: Carolus - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Business woman and politician Cheryl Carolus has urged politicians to emulate Archbishop Emeritus Desmond Tutu’s integrity and willingness to stand for what he believed in, even when it wasn’t popular.
Source: SABCNews - 🏆 37. / 51 Read more »