Women contribute 50% to 1.2 mln micro enterprises in Egypt

Women have contributed up to 50 percent to the 1.2 million micro enterprises across Egypt supported by the Social Fund for Development (SFD) from 2009 to 2015, the state's official statistics body CAPMAS announced on Sunday in a press release sent to Ahram Online.
In its study titled 'The reality of Small and Medium Enterprises (SMEs) 2009 - 2015,' CAPMAS revealed that there is a total of 2.4 million small and micro-sized enterprises across Egypt with 6.3 million employees.

The study also found that women have contributed almost 25 percent to some 103,000 small enterprises funded by the SFD from 2009 to 2015.

Egyptian women are the heads of 17.8 percent of households, according to data released by CAPMAS in 2014.

In Egypt, micro enterprises are funded by the SFD, the Ministry of Social Solidarity and the Local Development Fund.

The SFD has funded 1.2 million micro enterprises at EGP 5.3 billion, providing 1.3 million job opportunities from 2009 to 2015, while the Social Solidarity Ministry has supported 82,000 micro enterprises with 82,000 job opportunities from 2009 to 2014.