By: Bakinam Khaled
Tasaheel Microfinance, a pioneer in microfinance and SME lending licensed by the FRA, and a subsidiary of MNT Halan, has secured the Bronze Level of Achievement in the MFR (MicroFinanza Rating) Client Protection Certification. The certification, granted by MicroFinanza Rating (MFR) based in Italy, marks Tasaheel as the first Non-Banking Financial Institution in Egypt to attain this recognition.
The MFR Client Protection Certification, administered under the Cerise+SPTF framework, acknowledges Tasaheel's steadfast dedication to client protection and ethical practices within the inclusive finance realm. By aligning with globally recognized standards, Tasaheel ensures fair treatment and safeguards clients from harm, reinforcing its commitment to responsible finance.
CEO of Tasaheel Microfinance, Mr. Islam Ayoub, expressed his pride, stating, "We're honored to achieve the Bronze level in the MFR Client Protection Certification. This accolade not only reaffirms our client-centric ethos but also underscores our commitment to advancing responsible finance. We stand alongside global leaders in prioritizing client welfare in all our initiatives."
This certification places Tasaheel Microfinance among a distinguished group of global financial institutions recognized for their commitment to client protection and responsible finance. Past recipients include notable names such as FIDRA in Ivory Coast, COAC Fernando Daquilema in Ecuador, Light Microfinance in India, and Watu in Kenya and Uganda.
Tasaheel Microfinance's attainment of this esteemed award signifies its leadership in promoting client protection and responsible finance within Egypt's financial landscape.
