Home - Mashro3ak program

Web Map

English > Services > Portal Services > Mashro3ak program

Small projects represent about 70% to 90% of the economies of developed countries, in addition to providing job opportunities for young people in the villages, neighborhoods and cities to achieve sustainable development and reduce migration from villages to cities and improve the quality of life, The initiative is not limited to the problem of unemployment and poverty and their elimination, but extends to exploiting the efficiencies and energies of Egyptian youth and employ them and the ability to innovate and integrate the country's informal economy with the formal economy.

The first track: - Existing projects that owners want to expand on.

The second track: - Typical projects that depend on the conditions of each governorate, such as palm fronds, woods, and other handcraft activities.

The third track: - Projects with new, unique and unconventional ideas.

Loans are available to all, and banks have provided forms of projects inside them and the required conditions are simple and easy, and one of the aims of the project is to enter the informal economy into the formal economy by expanding projects with a capital of 10 thousand pounds to 100 thousand pounds by obtaining a temporary license to expand the unlicensed project to join the formal economy and obtaining a tax card because this project is a developmental project and not an operating project.

Proposed Projects for youth within the National Project for Community Development

(Mashro'ak)

Commercial

Industrial

My service / handicrafts

Groceries / fabric / Ready- made Clothing

/ Hardware / Office Supplies / Selling Meat and Fish / feeding / Selling Iron and Paint / Selling Wood / Upholstery Supplies / Selling Shoes / Selling wheels / Selling Bicycles / Sanitary Ware ... etc.

Shoe factory / ready-made clothes factory / Plumbing / cleaning tools manufacturing / chemicals manufacturing / wood manufacturing / food processing / pastries manufacturing / food products manufacturing for other industries / stationery and office tools manufacturing / lathes ... etc.

Plumber/ waiter/ Mechanic

/ Electrician

/ Rubber Repair/ Knob Repair/ Welder

/ Ironer/ Shoemaker

/ Watchmaker/ Studio

/ Restaurant Ready Meals

Temporary license for five years (micro-enterprises up to 25 thousand pounds): -

1. A copy of the lease or ownership contract confirmed by the date or notarized by the real estate registry

2. A copy of the national ID of the customer and the guarantor

3. Modern utility receipt (water - electricity)

4. A letter from the local unit where the customer is located

A temporary five-year license for small projects (more than 25,000 to 250,000):

1. A copy of the lease or ownership contract confirmed by the date or notarized by the real estate registry

2. A copy of the national ID card of the customer and the guarantor

3. Modern utility receipt (water - electricity)

4. A letter from the local unit in the area of which the customer is located, in cooperation with banks, to cut off utilities in case of non-payment.

5. A copy of the tax card.

6. A copy of the commercial register.

7. A letter from Social Security to open a file for the establishment and insurance for the owner of the facility.

8. A copy of the partnership contract, if there are any partners.

The temporary license for a period of five years for medium projects is more than 250 thousand pounds

· A copy of the lease or ownership contract confirmed by the date or notarized by the real estate registry

· A copy of the national ID card of the customer and the guarantor

· Modern utility receipt (water - electricity)

· A letter from the local unit in the area of which the customer is located, in cooperation with banks, to cut off utilities in case of non-payment.

· A copy of the tax card.

· A copy of the commercial register.

· A letter from Social Security to open a file for the establishment and insurance for the owner of the facility.

· A copy of the partnership contract, if there are any partners.

· The last 3 financial statements and a recent financial center.

· Feasibility study for the project.

· With complete documents according to the nature of the activity

1. Companies and establishments that do not have facilities at banks:

· The period of practicing the activity is more than one year (annual business volume from one million to 20 million). The last three approved financial statements since the start of the activity are submitted in addition to all the documents necessary for granting loans.

· The period of practicing the activity is less than a year: the paid-up capital of industrial establishments ranges from 50 thousand to 5 million

· The paid-up capital of non-industrial establishments ranges from 50 thousand to 3 million

· A recent extract from the commercial registry is submitted, and it has not been more than three months old

Note:
Not granting new facilities to pay the existing facilities in order to benefit from the new rate of return.

Main page | Contact us | About Us | privacy policy

Last updated