Sandah Microfinance has successfully completed a restructuring process aimed at expanding its services across the country. During this period, the company has doubled the number of its branches and increased its portfolio by over 100%, while also attracting numerous talented professionals, invest- gate Reports.

Suhail Rashwan, Managing Director of Sandah  Microfinance, stated, “Since our inception, our goal has been to expand our reach and cover as much geographical area as possible while providing the best services to our clients. This has been supported by a robust regulatory framework and a strong technological infrastructure that automates our operations. As a result, Sandah has achieved a significant transformation in financing operations in a remarkably short time, attracting many clients recently seeking funding for their small projects.”

He added that the key factors driving customer interest in Sandah include a strong commitment to openness and flexibility in all partnerships that benefit the client, as well as efficient transaction processing. Additionally, the company has established multiple partnerships with electronic payment service providers, reinforcing its commitment to comply with state regulations and promote financial inclusion under the oversight of the Financial Regulatory Authority. This has allowed Sandah to offer clients numerous options for repaying their installments through major players in the electronic payment sector.

Rashwan noted that over the past two years, Sandah Microfinance has achieved significant success through its restructuring efforts, positively impacting all operational processes. The company has also been able to deliver services that cater to all segments of society. Furthermore, Sandah has seen considerable success in its automated operations and electronic payment channels. He emphasized that microfinance plays a vital role in the Egyptian economy, serving as a new engine to drive national economic growth.

The company’s shareholder structure includes the Arab African International Bank and SANAD Fund for MSME forming a solid foundation for the company. Recently, Sandah  has increased its capital by 150 million in two installments this year. The company operates in the microfinance sector and has branches spread across various governorates of Egypt, from Alexandria to Aswan, boasting a customer base exceeding 50,000 clients.