Egyptian Association for Comprehensive Development

 

 

Home > Our Programs > Economic Development

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
In a recent survey asking respondents what they felt were Egypt's most severe economic problems, 48% of those polled rated unemployment as their number one concern.
Every year, 600,000 new job seekers enter a labor market stalled by a global and local economic slowdown end a high population growth.
According to the Center for Population Mobilization and Statistics the official estimate for unemployment is about 10% this year.

Affected by the present economic situation, the majority of the population suffers from poverty in addition to specific problems related to the characteristics of the areas: lack of heath and education services, high unemployment rate and inexistence of infrastructures.

EACD considers economic development as a main pillar for comprehensive development process. The association initiates a multitude of activities in El Marg area and Sahel Seleem - Assiut governorate in assistance boosting small business and individual financial status within areas which suffer from very poor economic and social conditions. The Association works with 10 local CDAs.

This program includes individual micro-credits, vocational training in factories and workshops in compliance with job market demand and small business administrative training featuring skills for management, sales, marketing, book keeping and saving plans.
 
   

Vocational Training

Business administration training

Micro-Credit finance