Alexandria Business Association (ABA)
Alexandria Business Association is an independent not for profit organization that represents the business community in Alexandria since 1983. We see ourselves as the reliable partner for Egyptian and international companies working in the Alexandria. We are committed to our mission of serving our 300 plus members, supporting business in general and to developing Alexandria socially and economically. ABA is also constantly exploring new markets, seeking networking opportunities between its members’ companies and potential business partners in the global markets
ABA is an active player in socioeconomic development. We pioneered and grew one of the most successful micro-finance projects. ABA is considered one of the leading NGOs in the field of promoting small and micro enterprises. It started a comprehensive credit program for this national purpose in January 1990 “The Small and Micro Enterprises Development Project-SME”.
This project is considered one of the world's best practices in Micro Finance. This is due to the diversification of different credit programs and the innovative use of tools to achieve its objectives. SME project has its independent management with an autonomous nature overseen through ABA Board and its own executive committee.
The project is now covering 10 Governorates through 83 branch offices and employing more than 2,351 staff members (38% Women). The active portfolio exceeds 2.3Billion EGP with 0.63 % Risk Indicator. It offers a wide range of financial and non-financial services to our beneficiaries, and also consulting services to other MFIs, as well as being an IT house specialized for Microfinance tracking system with its patented “Loan Tracker Software”.
To further our endeavor in advancing human capital in Alexandria, we established in 2016 the Vocational Technical and Employment Center (VTEC)Which provide top-quality vocational training and workforce support, and facilitate partnerships that grow communities and businesses, and act as a model for excellence in workforce development. As for top management and executives level skills development. Our Middle East Development Center (MEDC) was established in 2007, as a stand-alone executive and management training center building strategic alliances with various advanced education and training partners to deliver top quality training.
We Also have the Financial and Consulting Services Unit which plays the role of mediator between all the financial institutions in Egypt and between the Members of the Association in order to provide the most appropriate and best conditions for insurance, financing and investment.