Erada Microfinance is a financial institution established in 2022, providing a diversified set of innovative financing products that cater to every project across various industries aligning with Egypt’s financial inclusion endeavors. With the partnership of Etisalat e&, the Sovereign Fund of Egypt via the Financial Services and Digital Transformation sub-fund and Amr Abou El Azm. Erada facilitates access to microfinance tailored to its clients’ specific needs; supporting Egypt’s youth entrepreneurial potential leading to job creation and income generation. In collaboration with Etisalat e&, we leverage their technology and extensive branch network across Egypt to enhance our customers' experience. By utilizing Etisalat e&'s branches and technology, we bring our services closer to our clients and develop innovative products tailored to their specific needs, ensuring a smoother and more convenient experience for all. Erada carries a social and economic impact for financial inclusion & income generating activity, which is imbedded in the core of our financial proposition, with the ultimate goal to create a legacy of empowerment and support for Egyptians by making them economically self-sufficient.”
$14M sweet spot round size
2022
$14M
from investors over 1 rounds
Erada Microfinance raised $14M on February 6, 2025