Beltone SMEs, a subsidiary of Beltone Holding, has joined the SME Finance Forum, a global alliance managed by the International Finance Corporation (IFC), a member of the World Bank Group, Invest-Gate reports. This move makes Beltone SMEs the latest addition to the network, which includes over 300 members and partners from 190 countries, all working towards expanding access to financing for entrepreneurs worldwide through knowledge sharing and innovation.

Beltone SMEs provides tailored financial solutions to meet the diverse needs of small and medium-sized enterprises (SMEs). The company empowers entrepreneurs to grow in today’s evolving business landscape by focusing on customer-centric solutions and innovation. Its mission is to support SME growth and development by providing essential financial tools and resources. In August 2024, Beltone SMEs received its SME financing license from the Financial Regulatory Authority (FRA) in Egypt.

Commenting on the milestone, Ashraf Abdelfattah, CEO of Beltone SMEs, stated: “Joining the SME Finance Forum is a strategic step that reinforces our commitment to financial inclusion and economic growth. This partnership will allow us to leverage valuable insights, build strong collaborations, and adopt innovative solutions that empower SMEs in Egypt. Through this collaboration, we aim to contribute to best practices in the sector, drive sustainable growth, and accelerate our impact by supporting a wider entrepreneurial ecosystem.”