By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
DailynewsegyptDailynewsegypt
  • Home
  • Business
    BusinessShow More
    Mountain View Sets New Standards for Life Experiences Built On the Science of Happiness at iCity
    September 22, 2023
    Egypt's Emigration Minister meets with founding board of Egyptians Abroad for Investment Company
    Egypt’s Emigration Minister meets with founding board of Egyptians Abroad for Investment Company
    September 21, 2023
    ABB allocates €13bn for green transformation by 2030
    ABB allocates €13bn for green transformation by 2030
    September 21, 2023
    DMZ Cairo Demo Day 2023 showcases Egypt's top tech startups
    DMZ Cairo Demo Day 2023 showcases Egypt’s top tech startups
    September 21, 2023
    Valu partners with Le Marche, Electrotech to offer payment solutions for furniture, electronics Expo
    Valu partners with Le Marche, Electrotech to offer payment solutions for furniture, electronics Expo
    September 21, 2023
  • Politics
    PoliticsShow More
    Egyptian Health Minister highlights country's interest in local drug manufacturing
    Egyptian Health Minister highlights country’s interest in local drug manufacturing
    September 21, 2023
    Egypt leads meeting to urge global support for Sudan’s humanitarian crisis
    Egypt leads meeting to urge global support for Sudan’s humanitarian crisis
    September 20, 2023
    Egypt and EU co-chair GCTF meeting, reaffirm commitment to fighting terrorism
    Egypt and EU co-chair GCTF meeting, reaffirm commitment to fighting terrorism
    September 20, 2023
    Children dying in Sudan amid healthcare system collapse
    Children dying in Sudan amid healthcare system collapse
    September 20, 2023
    Egypt to announce presidential election timetable on Monday
    Egypt to announce presidential election timetable on Monday
    September 20, 2023
  • Interviews
    InterviewsShow More
    Microsoft Egypt aims to provide advanced AI models, build solid AI ecosystem: Mirna Arif
    Microsoft Egypt aims to provide advanced AI models, build solid AI ecosystem: Mirna Arif
    September 18, 2023
    I love privacy, and I am not concerned about competition: Yasmine Sabry
    I love privacy, and I am not concerned about competition: Yasmine Sabry
    September 14, 2023
    Sustainability, digital transformation at the heart of our strategy: Heidelberg Materials Egypt
    Sustainability, digital transformation at the heart of our strategy: Heidelberg Materials Egypt
    September 12, 2023
    India welcomes Egypt's BRICS membership: Boosting trade, investment, and access to strategic commodities
    India welcomes Egypt’s BRICS membership: Boosting trade, investment, and access to strategic commodities
    September 11, 2023
    The box office is not a measure of success: Basma Hassan
    The box office is not a measure of success: Basma
    September 6, 2023
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Reading: Women generate 30,000 financial transactions worth EGP1m through “Heya Fawry,” initiative
Share
Notification
Latest News
Mountain View Sets New Standards for Life Experiences Built On the Science of Happiness at iCity
Real Estate
Egypt's Emigration Minister meets with founding board of Egyptians Abroad for Investment Company
Egypt’s Emigration Minister meets with founding board of Egyptians Abroad for Investment Company
Business
ABB allocates €13bn for green transformation by 2030
ABB allocates €13bn for green transformation by 2030
Business
DMZ Cairo Demo Day 2023 showcases Egypt's top tech startups
DMZ Cairo Demo Day 2023 showcases Egypt’s top tech startups
Business
Valu partners with Le Marche, Electrotech to offer payment solutions for furniture, electronics Expo
Valu partners with Le Marche, Electrotech to offer payment solutions for furniture, electronics Expo
Business
Aa
Aa
DailynewsegyptDailynewsegypt
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Have an existing account? Sign In
Follow US
  • Advertise
© 2023 DNE News. All Rights Reserved.
Dailynewsegypt > Blog > Women > Women generate 30,000 financial transactions worth EGP1m through “Heya Fawry,” initiative
Women

Women generate 30,000 financial transactions worth EGP1m through “Heya Fawry,” initiative

Nehal Samir
Last updated: 2019/10/16 at 8:52 PM
By Nehal Samir 3 Min Read
Share
SHARE

Women generate 30,000 financial transactions worth EGP1m through the Heya Fawry initiative reaching 150 Egyptian women across Egypt, according to the Arab Women`s Enterprise Fund (AWEF) Egypt Country Director, Yomna Mustafa.

The Heya Fawry initiative is the very first female e-payment agent network in Egypt that aims to empower low income women who either own retail shop, are home workers, or unemployed to become its agents, and encourage other female consumers in their local communities to access e-payments services and consumer goods.

The initiative is a joint effort between the private sector in which Fawry partners with Unliver, transnational consumer goods company, and insurance firm AXA, and several Egyptian NGOS including Baheya, Mersal, Resala, Plan International, and the AWEF programme.

On Tuesday, the initiative announced the official launching of the second phase of the e-payment network at a press conference at the Brutish Embassy.

As part of the six-month pilot phase, Mustafa explained during the conference that 150 women were successfully trained and received point of sales machines to act as Haya Fawry agents.

She declared that in the next few months, Heya Fawry partners will jointly scale up the initiative to attract more and more agents, targeting to 600 additional women during the next few months.

Mustafa asserted that the initiative is considered a great opportunity to increase women’s employment opportunities in Egypt, which will positively impact financial inclusion.

She revealed that the success of the initiative is due to the partnership with the private sector and a number of charities and associations.

The British ambassador to Egypt, Geoffrey Adams stated the embassy praised the

Egyptian government’s efforts in providing and supporting women in financial inclusion.

The ambassador added that the percentage of female employment is increasing annually, helping women become more independent.

He pointed out that there are great attempts by the Egyptian government to encourage women to be independent, adding that the initiative is an immediate and good example that proves Egyptian women can work well.

You Might Also Like

Huawei Egypt, NCW launch initiative to empower Egyptian women in ICT sector

Social media enhanced Egyptian females’ response to domestic violence: Study

Social Solidarity Minister meets USAID, Pathfinder International over women’s empowerment programme

Opinion| Saudi Women Achieve: A Story of Progress

Taliban’s war on women in Afghanistan must be formally recognized as gender apartheid

TAGGED: Heya Fawry, women
Share this Article
Facebook Twitter Email Print
Previous Article Egypt is capable to compete and absorb more investments : Qalaa Holding
Next Article Egypt likely to launch electric buses, loaders by end-October: MUT Heavy equipment manufacturing company
Ad image
Ad image

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe

Latest News

Mountain View Sets New Standards for Life Experiences Built On the Science of Happiness at iCity
Real Estate
Egypt's Emigration Minister meets with founding board of Egyptians Abroad for Investment Company
Egypt’s Emigration Minister meets with founding board of Egyptians Abroad for Investment Company
Business
ABB allocates €13bn for green transformation by 2030
ABB allocates €13bn for green transformation by 2030
Business
DMZ Cairo Demo Day 2023 showcases Egypt's top tech startups
DMZ Cairo Demo Day 2023 showcases Egypt’s top tech startups
Business
//
Egypt’s only independent daily newspaper in English. Discuss the country’s latest with the paper’s reporters, editors, and other readers.

Quick Link

  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

© 2023 DNE News. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?