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List of Countries

Egypt

LOLC entered Egypt with 100% acquisition of First Microfinance Company which is a Cairo based micro finance company owned by the Agha Khan Foundation. With its 106Mn population, Egypt is a market with significant potential for the LOLC Group to implement its SME and Micro Finance model and expand exponentially

  • $3,876

    GDP per Capita

  • 106.0 Mn

    Population

  • $10.5 Mn

    Gross loan portfolio

  • 24

    No. of branches
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LOLC El-Oula Microfinance Egypt

First Microfinance Company (FMC) was incorporated in 2005 and was converted into a microfinance institution in 2018. LOLC acquired FMFC in 2022 and rebranded the entity as ‘LOLC El-Oula Microfinance’. It currently offers loan products under income-generating loans, social lending, and SME development categories.

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