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62613

The Role of the Most Important Financial Institutions in the Development of Small and Micro Agricultural Projects in Egypt

Article

Last updated: 01 Jan 2025

Subjects

-

Tags

Agronomy

Abstract

UNEMPLOYMENT and poverty in Egypt are the main problems that the Egyptian economy is experiencing in the labor market at present. So development and rural development in particular are essential, where the rural is the backbone of the Egyptian society to achieve social security and still represents the rural about 60% of population sentence in Egypt in 2016. Therefore, the problem of the study was poverty, hunger and unemployment, where the unemployment rate reached about 13% of the total population.
The research aimed to study the sources of financing small and micro enterprises, as well as the role and importance of financing institutions in the development of small and micro enterprises such as loans, facilities provided, the number of projects, projects types.
The results of the study showed that 85% of the jobs available in the economy through small and micro enterprises. The Ministry of Social Solidarity is the least resource in terms of the cost of the job opportunity, which amounted to about 2950.67LE for the job opportunity. All sources finance micro projects except the Small Enterprise Development Authority and the Agricultural Bank of Egypt are funded small and micro projects. The number of projects financed by the Small Enterprise Development Authority since its inception is higher than the number of projects financed from all other sources of financing.
Therefore, this study recommends encouragement of the financing sources mentioned above because its' projects are characterized by increasing the net profit and return.

DOI

10.21608/agro.2019.16962.1180

Keywords

Small and micro agricultural projects, Unemployment, poverty, Financial institutions

Authors

First Name

Ahlam

Last Name

Hassan

MiddleName

Ahmed

Affiliation

Department of Agricultural Economics, National Research Center, Cairo, Egypt

Email

dr.ahlam_nrc@hotmail.com

City

-

Orcid

-

Volume

41

Article Issue

3

Related Issue

10103

Issue Date

2019-12-01

Receive Date

2019-09-16

Publish Date

2019-12-01

Page Start

255

Page End

260

Print ISSN

0379-3575

Online ISSN

2357-0288

Link

https://agro.journals.ekb.eg/article_62613.html

Detail API

https://agro.journals.ekb.eg/service?article_code=62613

Order

5

Type

Original Article

Type Code

17

Publication Type

Journal

Publication Title

Egyptian Journal of Agronomy

Publication Link

https://agro.journals.ekb.eg/

MainTitle

The Role of the Most Important Financial Institutions in the Development of Small and Micro Agricultural Projects in Egypt

Details

Type

Article

Created At

22 Jan 2023