NonprofitsSanabel Microfinance Of The Arab Countries Inc

International, Foreign Affairs & National Security

Sanabel Microfinance Of The Arab Countries Inc

EGYPT

Total revenue

$425K

Total expenses

$367K

Net assets

$384K

Grants received

EIN

201653634

Tax year

2022

Mission

Supporting and building capacity of the microfinance sector for the provision of sustainable financial inclusion to low income people in arab countries.

Programs

1 program

One of sanabel's core activities since its inception has been the implementation of a quality training program for microfinance practitioners which has been widely disseminated throughout the arab region. As part of this initiative, a number of training courses were translated and adapted to the region and a cadre of trainers were trained and certified in the delivery of a range of microfinance courses. Sanabel's current training and capacity building program includes training of trainers (tots) courses, which provides participants with the ability to disseminate their knowledge to other institutions after being certified by sanabel. Additionally, sanabel is committed to offering tots in arabic in an effort to increase the pool of qualified experienced trainers. The training program seeks to provide the microfinance sector with different means of development and to ensure better outreach.

Expenses: $2K

Financials

FY 2022

Revenue

Contributions & grants$209K
Program service revenue$215K
Investment income$227
Other revenue
Total revenue$425K

Expenses

Grants paid
Salaries & benefits$125K
Fundraising
Other expenses$242K
Total expenses$367K
Total assets$500K
Net assets$384K

People

8 listed

NameRoleCompensation

RANY SAAD

EXECUTIVE DIRECTOR

Board

$21K

40 hrs/wk

MOHAMED ZAMANDAR

VICE CHAIRPERSON

Board

2 hrs/wk

ADILL BALA

TREASURER

Board

2 hrs/wk

RASHA QAWASMI

BOARD SECRETARIAT

Board

2 hrs/wk

BASSEM KHANFAR

CHAIRPERSON

Board

2 hrs/wk

HASSAN FARIED

BOARD MEMBER

Board

2 hrs/wk

HICHAM KHARROU

BOARD MEMBER

Board

2 hrs/wk

AHMED IAMA

BOARD MEMBER

Board

2 hrs/wk

Details

EIN201653634
NTEE codeQ32
Subsection03
Ruling date2006-01
Formed2004
Employees0
Volunteers7
SANABEL MICROFINANCE OF THE ARAB COUNTRIES INC — Mission, Financials & Grants Received | Grantivo