Tasaheel Microfinance Achieves Bronze Level in MFR Client Protection Certification, Leading the Charge in Responsible Finance
Tasaheel Microfinance, a pioneer in microfinance and SME lending licensed by the FRA, and a subsidiary of MNT Halan, has secured the Bronze Level of Achievement in the MFR (MicroFinanza Rating) Client Protection Certification. The certification, granted by MicroFinanza Rating (MFR) based in Italy, marks Tasaheel as the first Non-Banking Financial Institution in Egypt to attain this recognition.
The MFR Client Protection Certification, administered under the Cerise+SPTF framework, acknowledges Tasaheel’s steadfast dedication to client protection and ethical practices within the inclusive finance realm. By aligning with globally recognized standards, Tasaheel ensures fair treatment and safeguards clients from harm, reinforcing its commitment to responsible finance.
CEO of Tasaheel Microfinance, Mr. Islam Ayoub, expressed his pride, stating, “We’re honored to achieve the Bronze level in the MFR Client Protection Certification. This accolade not only reaffirms our client-centric ethos but also underscores our commitment to advancing responsible finance. We stand alongside global leaders in prioritizing client welfare in all our initiatives.”
This certification places Tasaheel Microfinance among a distinguished group of global financial institutions recognized for their commitment to client protection and responsible finance. Past recipients include notable names such as FIDRA in Ivory Coast, COAC Fernando Daquilema in Ecuador, Light Microfinance in India, and Watu in Kenya and Uganda.
Tasaheel Microfinance’s attainment of this esteemed award signifies its leadership in promoting client protection and responsible finance within Egypt’s financial landscape.
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About Tasaheel:
Tasaheel is a microfinance company for small projects, whether commercial, industrial, or service-oriented, with easy and simple repayment systems. Tasaheel offices are available in every governorate in Egypt to make it easier for you. Tasaheel, located near you, understands your needs without many complications, so you can get the financing you need in the easiest way possible.
About MNT-Halan:
MNT-Halan is Egypt’s leading fintech ecosystem and the largest and fastest-growing lender to the unbanked and underbanked. Founded in 2018, with roots dating back to 2010, the company is headquartered in Cairo, Egypt. MNT-Halan was created to digitally bank the unbanked and substitute cash with electronic solutions. The MNT-Halan digital ecosystem includes small and micro-business lending, payments, consumer finance, and e-commerce. With +1.5 million quarterly active users, MNT-Halan served more than 7 million customers in Egypt, of which 5 million are financial clients and 2.5 million are borrowers. MNT-Halan has obtained the micro, consumer, and nano finance licenses from the Financial Regulatory Authority enabling it to provide services to both businesses and consumers across Egypt. It has also obtained the first independent electronic wallet license from the Central Bank of Egypt to disburse, collect and transfer money digitally through mobile applications. For more information, please visit the company’s website at www.mnt-halan.com.
