The Tahwisha savings application targets 2.2 women across Egypt in the coming three years, announced member of the National Council for Women (NCW) Amr Suleiman on Monday.
The announcement came during a meeting organised by the council with several delegations and representatives from UN Women Egypt, the European Union, the Central Bank of Egypt, and the Embassy of the Netherlands.
The NCW’s Tahwisha application was launched in March 2022 to offer savings and loans to rural women in different governorates and rural villages with the aim of financially empowering them.
Along with all the NCW’s established savings and loans initiatives/groups, Tahwisha also aims to raise awareness, spread financial and digital literacy as well as provide women with high-quality financial services, Suleiman said in the meeting.
It also aims to integrate them into the official banking system, he said.
The application allows access to its saving and lending services through smartphones.
Source: State Information Service Egypt