Erada Microfinance
Erada Microfinance is an Egyptian non-banking financial institution offering microfinance and SME lending solutions across five product lines to 72,000+ clients, leveraging a strategic partnership with Fawry for nationwide loan disbursement.
- Company typePrivate
- Founded2022
- HeadquartersCairo, Egypt
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What Erada Microfinance does
Erada Microfinance (operating as Erada Finance / إرادة فاينانس) is an Egyptian non-banking financial institution headquartered in Maadi, Cairo, providing microfinance and SME lending solutions targeted at financial inclusion and entrepreneurship. Founded in 2022, the company serves over 72,000 clients across Egypt through five distinct financing products: microfinance loans up to EGP 292,000, SME financing up to EGP 5 million with flexible tenors up to 36 months, Sharia-compliant Islamic financing structured via Murabaha and Agency Investment, merchant financing for retail and trade inventory/cash flow needs, and light transportation vehicle financing for delivery and logistics businesses.
The company's core operational technology is built around a strategic partnership with Fawry, which enables real-time digital loan disbursements through Fawry's nationwide branch network. This integration is the cornerstone of Erada's distribution model and removes the need for the company to build an equivalent physical branch infrastructure to reach clients across Egypt. Revenue is generated through interest and financing charges applied across all five loan products, with monthly billing cadence and pricing that varies by loan type and customer segment.
Erada's business model is a direct-lending microfinance and SME platform funded by a combination of internal capital and institutional debt. The company's access to capital markets was validated in January 2026 when CI Capital executed a debut EGP 718 million securitization on its behalf, completed in three tranches rated Prime 1 to A-, with proceeds earmarked to support further growth and competitiveness. The company positions itself within Egypt's Vision 2030 financial inclusion agenda and operates with a sales-led go-to-market approach targeting existing micro and small businesses, entrepreneurs, retailers, and transportation operators nationwide.
Erada Microfinance firmographics
Firmographics- Name
- Erada Microfinance
- Legal name
- Erada Finance (إرادة فاينانس)
- Website
- https://eradafinance.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Erada Microfinance is an Egyptian non-banking financial institution offering microfinance and SME lending solutions across five product lines to 72,000+ clients, leveraging a strategic partnership with Fawry for nationwide loan disbursement.
- Ownership category
- akta.pro rank
Erada Microfinance industry classification
Industry- Product category
- Microfinance
- NAICS
- Nondepository Credit Intermediation (5222)
- SIC
- Short-Term Business Credit Institutions (6153)
- akta.pro primary industry
- Microloans & Working Capital Loans (FSAKAGAA)
- akta.pro secondary industry
- Microfinance, Financial Inclusion & Inclusive Markets (BPAGABAM)
Keywords
Where Erada Microfinance is headquartered
LocationHeadquarters
- HQ city
- Cairo
- HQ country
- Egypt
- HQ region
- Africa
Offices1 record
Markets served
Erada Microfinance business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Microfinance Lending: Interest and financing charges on microfinance loans to small businesses and entrepreneurs. Revenue generated through interest rates applied to loan disbursements.
- SME Financing: Financing solutions for small and medium enterprises with flexible tenors up to 36 months, generating revenue through financing charges.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Microfinance Loans up to EGP 292,000 |
| Other | Monthly | SME Financing up to EGP 5 million |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
Erada Microfinance product offering
Product offeringCore offering
Erada Microfinance is a non-banking financial institution that provides microfinance and SME financing solutions to existing businesses and entrepreneurs in Egypt. Its portfolio includes five lending products — microfinance loans (up to EGP 292,000), SME financing (up to EGP 5 million, 36-month tenors), Sharia-compliant Islamic financing via Murabaha and Agency Investment, merchant financing for retailers, and light transportation vehicle financing — with loan disbursements executed through a partnership with Fawry's nationwide branch network.
Product overview
Erada Finance is a non-banking financial institution offering an integrated suite of five financing solutions designed to support Egyptian businesses at every stage of growth. The product portfolio includes Microfinance (for micro-enterprises up to EGP 292,000), SME Financing (for small and medium enterprises up to EGP 5 million with 36-month tenors), Islamic Financing (Sharia-compliant Murabaha and Agency Investment products), Merchant Financing (for retail and trade inventory/cash flow needs), and Light Transportation Financing (for vehicle acquisition by delivery and logistics businesses). These five products are offered as standalone financing solutions, each tailored to specific business segments and needs, unified by the company's focus on flexible, responsible lending supporting financial inclusion across Egypt.
Differentiator
Problem solved
Functional benefit
Products and services
- Microfinance
Companies that use Erada Microfinance
Customer profileNamed customers1 record
Segments5 records
Ideal customer profiles4 records
Erada Microfinance technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Erada Microfinance partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- FawrycoreFawry partnership enables Erada Microfinance to disburse loans through Fawry's nationwide branch network with real-time digital transfers. This integration provides customers convenient access to funds across Egypt.
Scale indicators1 record
Recent moves4 records
Expansion highlights3 records
Erada Microfinance competitors and assessment
Company assessmentDirect peers
- Tanmeyah Microfinance: One of the largest Egyptian microfinance institutions offering micro and SME loans across the country. Directly comparable to Erada in product, customer segment, geography, and non-banking distribution model.
- MNT-Halan: Egyptian fintech offering consumer and SME lending alongside payments and card products. Closely comparable to Erada in Egypt focus, micro/SME customer base, and digital-first origination, though with broader consumer offerings.
- Reefy Microfinance: Egyptian non-banking microfinance institution serving micro-entrepreneurs with loans similar to Erada's EGP 292K tier. Comparable by market, regulatory status, and customer segment.
- Lucky Finance: Egyptian microfinance institution focused on financial inclusion for micro-enterprises. Closely comparable to Erada in product (micro/small business loans), regulatory posture, and Egyptian retail distribution.
- MCV Microfinance: Egyptian microfinance provider serving micro and small businesses. Comparable to Erada on customer segment, ticket-size range, and Egyptian non-banking financial institution model.
- Fatakat Microfinance: Egyptian microfinance institution with a mission-driven focus on women's economic empowerment. Comparable to Erada in Egypt market, micro-loan product structure, and non-banking financial institution classification.
Emerging players
- Khazna: Egyptian fintech providing consumer finance and lending to underbanked segments via a digital, app-led model. Comparable to Erada in customer profile (Egyptian underbanked) and digital-first approach, but more consumer-credit weighted.
- Grameen Bank: Bangladesh-based microfinance pioneer and global benchmark for the microfinance model. Comparable to Erada as the archetypal non-bank microfinance institution serving micro-entrepreneurs, though operating in a different geography.
Broad incumbents
- Banque Misr — Microfinance Unit: Egyptian state-owned commercial bank with a microfinance and SME arm. Comparable as a major Egyptian incumbent offering micro/SME credit at scale, though distributed through a broader banking franchise.
- Commercial International Bank (CIB) Egypt — SME Banking: Largest private-sector bank in Egypt with a dedicated SME segment offering loans up to the SME tier Erada targets. Comparable as a broader Egyptian incumbent with overlapping SME customer base and substantially greater capital base.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights7 records
Customer concentration
Erada Microfinance social profiles
Digital presenceErada Microfinance financial estimates
Financial estimateRevenue estimate
Valuation estimate
Erada Microfinance leadership team
Management profileNumber of profiles
Profiles10 records
Erada Microfinance funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Erada Microfinance M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Erada Microfinance
What does Erada Microfinance do?
Erada Microfinance is a non-banking financial institution that provides microfinance and SME financing solutions to existing businesses and entrepreneurs in Egypt. Its portfolio includes five lending products — microfinance loans (up to EGP 292,000), SME financing (up to EGP 5 million, 36-month tenors), Sharia-compliant Islamic financing via Murabaha and Agency Investment, merchant financing for retailers, and light transportation vehicle financing — with loan disbursements executed through a partnership with Fawry's nationwide branch network.
Is Erada Microfinance a public or private company?
Erada Microfinance is a private company. It is classified as unknown and is currently operating.
When was Erada Microfinance founded?
Erada Microfinance was founded in 2022. It employs 501 to 1,000 people.
Where is Erada Microfinance based?
Erada Microfinance is headquartered in Cairo, Egypt, in the Africa region.
How does Erada Microfinance make money?
Two revenue lines are on record. Microfinance Lending is the primary driver. The others are SME Financing.
Who are Erada Microfinance's main competitors?
Direct peers on record are Tanmeyah Microfinance, MNT-Halan, Reefy Microfinance, Lucky Finance, MCV Microfinance and Fatakat Microfinance. Emerging players are Khazna and Grameen Bank. Broad incumbents are Banque Misr — Microfinance Unit and Commercial International Bank (CIB) Egypt — SME Banking.
Does Erada Microfinance have an API?
No public API is recorded for Erada Microfinance.
What industry is Erada Microfinance in?
Erada Microfinance's product category is Microfinance. Its primary akta.pro industry code is FSAKAGAA, Microloans & Working Capital Loans, with a secondary code of BPAGABAM, Microfinance, Financial Inclusion & Inclusive Markets. Its NAICS code is 5222 and its SIC code is 6153.