Tamweely Microfinance was established in 2017 with the goal of providing financial products geared towards micro-enterprises and SMEs across sectors, looking to implement new business ideas or expand and grow their projects. With the overarching objective of making people’s lives better through providing them with the means for a steady income, Tamweely achieved significant milestones during its operation. Since its inception, Tamweely Microfinance provided loans totaling 17 billion EGP, benefiting 550,000 individuals, with 3,642 employees facilitating the disbursement of these loans through post offices across the country.
PFI successfully exited its investment in Tamweely Microfinance in December 2024, when the company was acquired by an international consortium of financial institutions that includes SPE Capital’s Private Equity Fund III (PEF III), the European Bank for Reconstruction and Development (EBRD), Tanmiya Capital Ventures (TCV), and British International Investment (BII).
