The entity was incorporated in 2005 as First Microfinance Foundation by the ‘Aga-Khan Association for Microfinance (AKAM), Switzerland. Later transformed to a Company in 2018, was focusing on bottom-of-the-pyramid rural clients offering microfinance for micro-enterprise development. LOLC Group, renamed FMFC as ‘LOLC EL-OULA MICROFINANCE EGYPT’ (EL-OULA) upon acquisition in April 2022.

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FinTech

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LOLC EL-OULA MICROFINANCE EGYPT

LOLC EL-OULA MICROFINANCE EGYPT's headquarters in Maadi, Egypt

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Ahmed Sayed

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