Dr. Mohamed Hani Ghoneim, Governor of Beni Suef, announced that the number of projects that have been funded under the “Mashrouk” initiative amounted to one billion and 166 million and 600 thousand pounds, from which 11 thousand and 363 projects have benefited and have provided 14,522 job opportunities in various sectors since the launch of the initiative on May 2015 until now.
The governor said – in a statement today – that the initiative being implemented by the Ministry of Local Development, and with the participation of a number of national banks participating in the project, aims to create job opportunities and employ youth by facilitating procedures for applicants to obtain loans to establish or develop and expand projects through those banks.
Ghoneim indicated that this initiative has significantly strengthened the efforts of the governorate in the area of support and encouragement of young Prime Time Zone to embark on medium, small and micro enterprises, encouraging a culture of self-employment and pushing the state’s efforts towards production and maximizing value-added chains.
In turn, Noha Mohamed, the director of your project, explained that the applicant for the project must obtain loans through the project headquarters in the seven centers (one window) to finance medium, small and micro enterprises through the development and expansion of the activities of existing projects, referring to the directives of the governor to continuously follow up the headquarters and applicants through Committees in centers to monitor problems and obstacles and ensure the seriousness of borrowers. Weekly and monthly reports are prepared, meetings are held with headquarters officials and representatives of the parties participating in the project, and citizens are receiving applicants in the office to overcome obstacles.
The article The financing of 11,363 projects within the national project “Your Project” worth one billion and 166 million pounds in Beni Suef was written in Al-Borsa newspaper.