Magdy
A loan of $1,075 helps to rent an additional plot of land, next to his plot, to expand his project.
Magdy's story
Magdy is a 51-year-old married man and a father of three children. He lives in a rural community and runs an agricultural project. He has previously received loans and he has always repaid them on time without delay. Magdy purchased a plot of land, cultivated it using seeds and fertilizers, harvested the crops, and successfully marketed them, earning a good profit.
He applied for a new loan of EGP 50,000 to rent an additional plot of land, next to his plot, to expand his project, increase his income, and meet his family’s household needs.