Valu Secures $12 Million EBRD Loan for Green Consumer Finance

Valu, the Egyptian fintech and consumer finance platform, has secured a loan of up to $12 million, equivalent to LE 600 million, from the European Bank for Reconstruction and Development (EBRD) to expand access to energy-efficient household products and green technologies in Egypt.

The financing will be channelled through Valu's digital platform and merchant network, allowing consumers to purchase eligible products, including energy-efficient appliances and solar solutions, through instalment plans.

According to the EBRD, the facility is intended to address one of the main barriers to adopting green technologies by reducing the upfront costs for households and spreading payments over time.

Alongside the financing, the EBRD will provide technical support to help Valu develop and scale green consumer finance products. The company plans to introduce dedicated green financing offerings and strengthen its ability to identify and monitor eligible sustainable investments.

The initiative is also expected to help build a pipeline of retail financing opportunities focused on environmentally friendly technologies.

The partnership marks the EBRD's first collaboration with a consumer finance company in Egypt and across the bank's Southern and Eastern Mediterranean region.