Egypt Post has partnered with online aggregator marketplace Qardy to provide SMEs in Egypt with better access to financing opportunities. This collaboration aims to support SMEs by offering debt financing tools and products through Egypt Post’s extensive network of post offices. Qardy will prioritize a streamlined user experience and connecting businesses with suitable financial services.
Facts
- Egypt Post has signed a partnership agreement with online aggregator marketplace Qardy to give SMEs better access to financing opportunities in Egypt.
- Qardy will provide its services to Egypt’s SME community through Egypt Post’s 4,300 post offices across the region.
- The partnership focuses on offering SMEs the necessary tools and products of debt financing through Egypt Post and Qardy’s branches.
- Qardy aims to simplify financial obligations and requirements for SMEs and prioritize a hassle-free and streamlined user experience.
- Qardy intends to connect businesses with the most suitable financial services for their specific needs.
- SMEs will be able to access and leverage Qardy’s facilities through its partnership with Egypt Post, supporting their development processes and digital transformations.
- The agreement was signed by Khaled Emam, Egypt Post vice chairman for financial inclusion, and Abdel Aziz Abdel Nabi, Qardy’s founder, in the presence of Sherif Farouk, Egypt Post chairman, and other executive leaders.
This partnership is expected to boost Egypt’s economy by enhancing SMEs’ access to various funding models and promoting the freelance economy through the postal infrastructure and geographical reach of Egypt’s post offices.
