EFG Finance and Klickit Propel Instant Loans for Egypt’s Education SMEs

EFG Finance SMEs has teamed up with the Cairo-based payments platform Klickit in a move that could make life a lot easier for education-focused small and medium businesses across Egypt. The partnership plugs customised loan options straight into Klickit’s existing system, meaning schools and education merchants can tap into working capital almost instantly instead of waiting around for the usual paperwork-heavy approvals. I reckon anyone who’s dealt with traditional lending channels knows they can be a bit of a faff.

What caught my eye is how the funding becomes available in real time for institutions already using Klickit. That said, the aim isn’t just speed for the sake of it — both companies are trying to smooth out the borrowing experience for a sector that often struggles with operational cash flow, especially at the start of a school term. When I first began covering startup stories for Arageek, I kept hearing how many education businesses in the region rely on clunky manual processes. So seeing fintech inch its way deeper into this space feels, well… spot on.

Both sides appear to be widening their reach through this collaboration, leaning on data-driven tools to assess eligibility rather than forcing businesses through old-style collateral checks. On the flip side, this aligns neatly with a broader trend across emerging markets, where fintech lenders are shifting beyond payments and into smarter, algorithm-backed credit decisions. It’s contributing to faster turnarounds, more flexibility, and—believe it or not—more inclusion for SMEs that used to be left hanging. One founder once told me their loan took three months to process; they were chuffed to bits when newer digital routes cut that down to days.

EFG Finance SMEs and Klickit are clearly betting on this momentum. And although nothing in the SME world is ever completely smooth sailing, their model promises a quicker and more accessible path for educational institutions that need to keep the lights on and the classrooms running. Even with all this progress, I still think some smaller schools may hesistate before trying something new, but the direction of travel feels encouraging for the sector as a whole.

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