Social Fund for Development

Social Fund for Development

The SFD was established by Presidential Decree 40/1991 as a socio-economic safety net to combat unemployment, alleviate poverty, improve living conditions and help attain comprehensive socio-economic development. To this end, the SFD is entrusted with supporting MSEs, providing an integrated package of financial and non-financial services for start-ups and coordinating efforts with all MSEs development institutions and stakeholders in view of adopting policies and legislation required for their promotion pursuant to Law 141/2004.
SFD operates through a network of 31 regional offices covering all the governorates of Egypt with one-stop-shop (OSS) service complexes annexed to each to guarantee an efficient lending process and streamlined administrative procedures (licensing, commercial registry, tax cards…).