About Lead
Lead Foundation is an Egyptian Non-Governmental Organization (NGO) founded in 2003 under NGO law number 84/2002.
Lead is an acronym descriptive of our mission:
| L |
end a helping hand to create opportunities for a better community and a better economy. |
| E |
mpower us to grow & contribute to our personal welfare and personal development. |
| A |
dvance our learning skills allowing us to excel and compete. |
| D |
evelop a better future and a better tomorrow starting from today. |
The Foundation specializes in the delivery of microfinance services to Egypt's economically active poor and has started in the Greater Cairo area. Lead was initially established with the contributions of individuals of the Egyptian private sector who are committed to playing a major role in the social and economic development of the country, and with support from the United States Agency for International Development (USAID).
Lead continues to respond to social needs by identifying the most effective interventions likely to have positive social and economic impacts by focusing on reaching out directly to two segments of the society who are most in need of empowerment: poor and low-income entrepreneurs as well as women.
The Foundation provides microfinance services to these target groups through two successful programs: The Microenterprise Individual Lending Program, and the Blossoms of Goodwill Group Lending Program.
Lead is adopting Best Practice Microfinance in all aspects of its operation including Financial Transparency.
Lead is a Founding Member and the current Treasurer of the recently established Egyptian Microfinance Network (EMFN).
Lead is a member in Sanabel – The Microfinance Network of Arab Countries and also a member in Women's World Banking (WWB).
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