1 / 41

Alexandria Business Association

Alexandria Business Association. A B A. Small & Micro Enterprise Project. H I S T O R Y. 1983 Economic Committee for Businessmen 1988 Establishment of Alexandria Businessmen’s Association 1989 First Cooperative Agreement with USAID

kane-burton
Télécharger la présentation

Alexandria Business Association

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Alexandria Business Association ABA Small & Micro Enterprise Project Alexandria Business Association SME Project

  2. H I S T O R Y • 1983Economic Committee for Businessmen • 1988 Establishment of Alexandria Businessmen’s Association • 1989 First Cooperative Agreement with USAID • 1990 Launch of ALEXANDRIA SME Operations in January • 1992 Operational Self-Sufficiency • 1994 Full Financial Sustainability • 1997 Launch Outside Alexandria • 1998 Contract with UNDP-MicroStart Program for BAHRAIN & 1999 in YEMEN • 1999 Launch of BLOSSOMS PROGRAM • 2000 Launch of TOWARDS SELF-EMPLOYMENT PROGRAM • 2001 SME Project won the AGFUND International Prize • 2005 Contract with Kingdom of Saudi Arabia • 2007Establishment of Training Center and Show Room • 2007Launch of Development path • 2008 Establishment of Bail Fund to Support Client (Crisis, Death & Disability). • 2008Pilot test for Agri- product. • 2009Life and disability insurance . • 2011 Launch of Step By Step Program. • 2012 Platinum Social Performance Award. • 2012 Launch of Tomouh Program. • 2013 Aggregate Loan Disbursements exceeded 4 Billion Egyptian Pounds. • 2013 No. of Branches Reached 60 Branches working in 6 Different Governorates Alexandria Business Association SME Project

  3. Vision A Reliable Partner for Advancing & Accelerating the Social & Economical Development Alexandria Business Association SME Project

  4. MissionStatement Providing financial and non-financial to the neediest people in society, to achieve a decent life for them, their families while maintaining the balance between social and economic performance Alexandria Business Association SME Project

  5. Project’s Components • (1) Provision of Micro Credit • L.E. 250 – 100,000 ($38 – $14,925) (2) Business Support Services (Non-Financial Services) (3) Consulting Services (Advisory Services) Alexandria Business Association SME Project

  6. (1) Small & Micro Credit Program Since January 1990 Alexandria Business Association SME Project

  7. Target Group • Existing MICRO Enterprises Employing up to 5 Workers • Existing SMALL Enterprises Employing from 6-15 Workers Alexandria Business Association SME Project

  8. Operational Approach • New and Repeat Loans are Disbursed on daily basis. Methodology of Approval includes Credit Scoring - Branch Credit Committee - Centralized Credit Committee. • Flexible product based on client’s operating cycle, financial needs and cash flow, with loan range from L.E. 1500 to L.E. 100,000 ($251 - $16722) repayment monthly from 4 to 48 months. • Efficient MIS and an in-house-designed Loan Tracking System (ABA’s Software) which is completely integrated to operations Alexandria Business Association SME Project

  9. Eligibility Requirements Alexandria Business Association SME Project

  10. SME Clients Alexandria Business Association SME Project

  11. (2) Blossoms of Micro Enterprises Since October 1999 Alexandria Business Association SME Project

  12. Goals & Objectives • To extend credit and non-financial services to poor Female-Headed Households • To assist poor women initiating/expanding income generating activities to improve their living standards • To improve the social, cultural, and health standards of poor women and their families Alexandria Business Association SME Project

  13. Modalities • The program adopts “Solidarity Group” mechanism in loan extension ( Individual Loans within a Group) • Each group consists of five members • Loan amount ranges from LE 250 – LE 1000 ($42-$168) and are paid on weekly installments • Loan terms ranges from 10 – 40 weeks Alexandria Business Association SME Project

  14. Blossoms Clients Alexandria Business Association SME Project

  15. (3) Development Path Since September 2006 Alexandria Business Association SME Project

  16. Modalities • The program Objective is to Promote graduating Clients to The Small & Micro Credit Program. • The program adopts “Solidarity Group” mechanism in loan extension ( Individual Loans within a Group). • Group consists of Three members (can include man). • Loan amount ranges from L.E. 750 – L.E. 2000 ($126-$336) and are paid on Bi-weekly installments. • Bi-Weekly Repayment Terms. • Loan terms ranges from 15 – 20 installments. Alexandria Business Association SME Project

  17. Average Number of Loans Per Month 11/5/2014 23 Alexandria Business Association SME Project

  18. Average Amount of Loans Per Month(in Million Pounds) 11/5/2014 24 Alexandria Business Association SME Project

  19. AchievementsUp to May 2013 Total Amount lent L.E 4,330 Billion Total number of loans 1,978 Million Average loan size L.E 2,164 Clients reached 724 thousand No. of Active Clients 258 thousand Loans Outstanding L.E 426 Million Latest Repayment 99.75% Percentage of Women Borrowers 55% Number of Staff 1115 11/5/2014 25 Alexandria Business Association SME Project

  20. T S E P ABA’s First innovative approach • Helps poor people help themselves. • Dedicated to reducing poverty by helping unemployed poor people to start businesses that they plan and manage themselves. • Provide Training and Seed Capital to start activity. Alexandria Business Association SME Project

  21. Achievements (May 2013) Total Number of Grants 28,380 Rate of Continuity 40% 11/5/2014 28 Alexandria Business Association SME Project

  22. Alexandria Business Association SME Project

  23. T S E P is based on the belief that: Development must begin with people with their own ideas, and build on their skills and unemployed time. Alexandria Business Association SME Project

  24. Step By Step ProgramABA’s Second Innovative product A program directed to Youth, to help them start their own business. Target group is 18-22 years with a minimum of preparatory & a maximum of high education. Compact Vocational training for one month followed by Soft skills training. Alexandria Business Association SME Project

  25. Step By Step Program The group is segregated to: - Uncommitted Youth to be excluded. - Committed without Entrepreneurial skills to be directed to market. - Committed and enjoy the skills to have seed capital with mentoring Graduated youth join lending programs. Alexandria Business Association SME Project

  26. Tomouh ABA’s Third innovation Main Target Evaluate Youth market to develop the first Youth inclusive financial and non financial service in Egypt to increase employability, promote entrepreneurial spirit in Youth, reduce poverty, and increase micro and small businesses in Egypt. Alexandria Business Association SME Project

  27. Tomouh • The Arab spring was a direct result of Youth movement, which reflected their values, seriousness, and their unutilized capacity. The main lesson that we came out with, is that we do not understand, or listen seriously to them. • Over than 50 ABA staff highly trained Youth oriented on Research, Credit, Mentoring, Listening, Coaching, Business Guidance, Personality Evaluation and capacity building. (Silateck (Tamheed), Mowgli & UNIDO) Alexandria Business Association SME Project

  28. Target GroupOver 30% of ABA’s clients below 30 years • Ambitious young Clients. • Age between 18-30, • Rural/Urban inhabitants, • Talented in what they do, • From minimal up to higher education, • Industrial sector Main Objective: Youth Financial Product. Alexandria Business Association SME Project

  29. Tomouh • The client is visited by one of the team to be evaluated. • Through training, exposure visits, financial support, mentoring, networking the young entrepreneur is graduated to higher step. • Each case is documented to be referred to determine success and failure elements. • Outcome will be the major input in the youth Product development Process. Alexandria Business Association SME Project

  30. Mowgli & UNIDO Training Alexandria Business Association SME Project

  31. Additional Steps aiming at graduating clients and improving their life style. • Discounts on medical Services. • Networking between Clients. • Networking within the business community. • Participation and attendance of local conferences and exhibitions. Alexandria Business Association SME Project

  32. Exhibition The exhibition presents important marketing services for clients of Small and Micro Enterprise Project. Egyptian exporters through this exhibition can identify some of the industrial production of small and micro enterprise projects in different areas to contract with them. Alexandria Business Association SME Project

  33. Library The library provides all the necessary technical catalogs to customers in their service also; it provides them with access to the internet, so that they can have access to the latest technology. Alexandria Business Association SME Project

  34. Literacy Program • Mainly targeting Group lending clients. • Provides additional incentives & benefits to the official program • No. of beneficiaries 5040 • No. of graduated 2875 Alexandria Business Association SME Project

  35. ABA & Egypt Post • Financial Inclusion is the main objective for Microfinance Institution, however the regulations were eliminating this. • The agreement will enable ABA’s clients (mainly poor, Ultra poor & Youth) to have services that are not provided by MFI’s. • The agreement will enable ABA to reach new segment of clients and provide products that were not feasible to due to economy of scale. • The agreement will add to Egypt Post’s client base new active clients who will use its diversified range of products(segment that proofed its viability with Microfinance). Alexandria Business Association SME Project

  36. The Bail fundAnother innovative approach • During 2008 ABA established a bail fund to support its clients in death, disability and crisis . • The fund support for funeral expenses. • The fund resources are deducted from ABA income. • The fund contracted with an insurance company on March 2009 to provide life & disability insurance for all clients. • Several cases were supported by the fund. • The fund cover all risks that are not covered by insurance after social study. Alexandria Business Association SME Project

  37. Alexandria Business Association SME Project

  38. The AGFUND 2001 International Prize 114 Projects from 95 countries have been nominated for the Prize. ABA’s SME Project was the winning Project Mr. Ragab ABA’s Chairman receives the Prize from HRH Prince Talal Ben Abdul Aziz in UN building in Geneva Switzerland In November 2001 Alexandria Business Association SME Project

  39. ABA GrantActivity Credit Programs SME Credit Program Step by Step Jan 1990 June 2010 Small & Micro Enterprise Project Commercial Banks Development Path Blossoms Of Micro Enterprise Sep 2006 Towards Self- Employment Program Oct 1999 March 2000 ABA’s approach to graduate poor people to micro credit Alexandria Business Association SME Project

  40. Our Overall Objective: Reaching Down And Scaling-Up Alexandria Business Association SME Project

  41. Small & Micro Enterprise Project Thanks you for visiting ABAPlease visit our web site atwww.aba-sme.com Alexandria Business Association SME Project

More Related