EFIG cooperates with the ministry of social solidarity and “Sonaa el Kheir” in the Egyptian Outskirts Development Initiative
CSR
The initiative is aiming to improve the quality of life of Egyptian citizens and provide a decent life, leveraging on our CSR plan to achieve the Sustainable Development Goals and Egypt's Vision 2030.
The initiative goals are developing and rehabilitating the village of Al-Farisiyah in Luxor Governorate, through:
Upgrading 30 houses structures as a first stage.
In support of small projects, such as supplying the residents with 30 fishing boats equipped with engines and various fishing supplies.
Equipping and launching several medical convoys to examine the residents’ eyesight status and provide the right medical solution for each case.
This project is one of the main projects that contribute to the United Nations sustainable development goals strategy, it targets Goal 1: No poverty, Goal 3: Good health and well-being, and Goal 8: Decent work and economic growth respectively.
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On the International Day of Rural Women, EFIG and Sonaa El Kheir Launch the First Mobile Sustainability Center
Under the auspices and in the presence of Dr. Maya Morsy, Minister of Social Solidarity, along with other dignitaries, eFinance Investment Group and Sonaa El Kheir Foundation, launch the first-of-its-kind mobile sustainability center. These centers aim to provide training and employment opportunities for rural women in the fields of traditional crafts and handmade products, aligning with the global celebration of the International Day of Rural Women on October 15.Ibrahim Sarhan, Chairman and CEO of eFinance Investment Group, stated, “With the launch of our first mobile sustainability center, we continue our journey of social responsibility, emphasizing women’s empowerment by providing rural women with the resources and opportunities they need.” He emphasized that these mobile centers offer women essential training and tools to build a sustainable income, thereby enhancing their quality of life and promoting financial independence. This initiative falls within the Group's broader strategy for direct social investment while supporting the preservation of traditional crafts.Ibrahim Sarhan highlighted the partnership with Sonaa El Kheir, underscoring that this initiative aligns with the Group’s strategy to fulfill its pivotal role in supporting rural women and the social and economic empowerment of women across Egypt’s villages. He added that these mobile centers help revive traditional crafts and embed them with modern techniques, creating scalable creative industries that can employ more women within their communities in an eco-friendly manner. The initiative thus furthers key sustainable development goals, including “Decent Work and Economic Growth” and “Reduced Inequality.”Mostafa Zamzam, Chairman of Sonaa El Kheir Foundation’s Board of Trustees, noted that the launch event will include an exhibition showcasing the products from these sustainability centers and a formal unveiling of the “Innovation Bus.” This bus is a pivotal element of the project, which not only trains rural women in traditional crafts but also equips them with production lines, delivers raw materials, and collects finished goods for marketing, ensuring broader project success.Zamzam explained that the collaboration with EFIG in launching the first mobile sustainability center forms part of the Foundation’s efforts to expand economic empowerment for underserved communities, particularly women in Egypt’s most vulnerable rural areas. The initiative provides dignified income opportunities while promoting the preservation of traditional crafts and textiles, supporting small and medium-sized enterprises, and improving local livelihoods.He added that the concept of these sustainability centers emerged from the need for entrepreneurship projects that align with Egypt’s sustainability goals, supporting national priorities like reviving traditional crafts and environmentally friendly labor-intensive industries. This initiative also builds upon previous collaborative projects between Sonaa El Kheir and EFIG, including the development of the Safih village in Fayoum and the Al-Farisiya village in Esna, Luxor, through home renovations and providing essential resources to vulnerable families, such as fishing boats and comprehensive medical support.The partnership also extends to the “Takafou” scholarship program, which provides funding to underprivileged students excelling at technological universities, covering their tuition throughout their studies, provided they maintain academic excellence.
EFIG & Sonaa El Kheir foundation inaugurate the first sustainability center in Fayoum
As we continue our CSR journey, we focus on women empowerment by giving rural women access to opportunities and resources that enable them to have power and control over their own lives. Sustainability centers are an exemplary model for women empowerment, offering training on handicrafts, providing the tools to create and promote and ensure a sustainable income to those who wish to upgrade their living and become financially independent. The center's inauguration fits into the group's direct social investment goals as well as the revival of traditional, heritage crafts.
EFIG, in collaboration with Sonaa El Kheir, celebrate the re-opening of Ezbet Al-Safih, in Fayoum after reconstruction
Ezbet Al-Safih, Al-Shimi Village, in Al-Fayoum was officially inaugurated as part of the eFinance Investment Group's direct social investment strategy in cooperation with “Sonaa el Kheir”, a member of the National Alliance, and in the presence of the Governor of Fayoum Dr.Ahmed El-Ansari and a representative of the Ministry of Social Solidarity and the Ministry of Education, and within the framework of the presidential initiative "Hayah Karima (Decent Life)"
1. 48 houses were reconstructed in two phases, with concrete, flooring, plumbing, paint, doors, and windows completed before the houses were fully furnished with electrical appliances, two bedrooms, a reception area, and a kitchen.
2. Enhancing El-Shimi School's computer lab's efficiency by repainting it and providing ten computers as well as a printer and a projector.
3. A medical convoy to check schoolchildren and identify diseases including anemia, diabetes, and vision impairment early on and provide the necessary treatment as well as eyeglasses.
In the second stage, a sustainability center will be established with the goal of empowering women in the Fayoum Governorate and promoting financial independence as a part of a heritage and handicrafts revival initiative.