289 million pounds to empower women through the loan "Mastura"
Nasser Social Bank has initiated a number of initiatives to enable the families economically, including the Mastoura project funded by the Fund of Life of Egypt to achieve economic empowerment of the dependent women and turn them into productive able to earn food instead of waiting for support. 17,455 projects were implemented in all governorates with a value of 289 million and 217 thousand pounds.
The Bank also linked social protection with economic empowerment through a new start-up initiative launched by the Fund for the Control and Treatment of Addiction and Abuse through the provision of loans to the recovering addicts to help them establish small projects to help them return to work and production and enable them to find a source of income for them. The rehabilitation of the loan in monthly installments for a period of five years to start the project and then the beneficiary has a real job opportunity.
The Bank plays a major role in the overall development process in accordance with the vision of 2030, where it launched a special initiative aimed at training and rehabilitating young people and contributing to the creation of jobs for them. In the ICT field, the trainee receives a good salary at the end of the program. The bank offers easy loans without interest or administrative expenses for the loan. The trainees pay the value of the loan after receiving the job from their salaries in installments up to 3 years. The trainee in his work New After the first month of his work, as the amount of 22 million pounds for the program auto finance mass transfer allocation in cooperation with one of collective transport companies, with the aim of youth employment and the alleviation of unemployment.
In addition, projects have been submitted to achieve economic empowerment for the most needy groups through the transfer of zakat beneficiaries to productive capacities. The Bank has a pioneering experience, namely, the ownership of the means of production by bringing in the first categories of caregivers capable of working with a simple production project. The beneficiary selects the project according to its human resources and the available location The capital of the project is in the form of interest-free interest and the guarantee of zakat committees according to the conditions of each case and the nature of the project. This initiative seeks to enhance the personality of the beneficiary of social services who can work to be self-sufficient to earn a living, And forfeiting subsidies.
The Bank is also working to integrate special needs in all the Bank's plans and policies by changing the lifestyle and conditions of people with special needs through the provision of prostheses or prostheses, and providing other medical services that help them overcome their disability so that they are able to move and rely on themselves, In addition to allocating 3000 loans from loans to women with special needs to integrate them into the economic life.
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