About Us
Our History
Tawasoa Factoring started on the first of July 2020 as a factoring company licensed by the Financial Regulation Authority in Egypt. However, Tawasoa was not the beginning of the story; as a team in 2017, we created a trading agency with a concentration on wholesale F&B called Supply-me and here is where our story and discovery begins.
Supply-me used available business practices to create a platform of small and medium wholesalers and traders to start partnering up with them on a transactional basis. By giving them financial support, we were able to expand these businesses, understand their needs, and identify the best method to approach to cause development and convert them from single operators to functioning organizations by giving them tools in terms of educational or financing.
Vision Statement
Accelerate business cycle for ever Small & Medium Sized Enterprises (SMEs) in Egypt & Africa
Vision
Our vision is to utilize our combined and versatile experiences to expand Tawasoa locally in Egypt by opening in cities other than Cairo. And internationally, to expand in Africa becoming a major player in the inter-African trade, and to create the opportunity for our clients to trade openly and securely with their African counter parts; making us a bridge between different cultures and organizations
Mission
Our Mission is to establish a financing platform that concentrates mostly on the trade of fast-moving consumable goods and commodities, focusing on three major parameters.
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Finding the optimum financial product that suits the need of these traders.
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To educate, mentor, and expand the financial knowledge of these partners making them well suited to use the tools at hand.
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And encourage the use of technology and modern financial inclusion methods to be able to shift these small businesses to long lasting partners and organizations.
Our Founders
Quick bio of the people behind the wheel
Mohamed Hazem | Chairman
Mohamed is also on the Board of Egyptian Engineers Group (Zaghloul Holdings) and VP of Commercial and Hospitality developments. Mohamed’s experience has been dedicated for the last 6 years in the development of major retail and Hospitality projects including Golf City Mall, Tiba Mall, Radisson Blu Cairo Heliopolis and Cairo Complex.
Samer Daoud | Managing Director
Samer Daoud, CFA, has more than 22 years of experience in the Finance and Investment field he has previously worked as Financial Reporting and Budgeting Director at Talaat Moustafa Group, Investor Relations Associate Director in Misr Italia Properties, Financial Controller in AB Care Group, Strategy and Valuation manager in PwC Egypt and Controller in Lafarge Titan Egypt.
Hussein Sedky | Chief Operating Officer
Hussein was previously Director Of Supply Chain Operations for Middle East and Africa for Grooming business in Procter & Gamble Egypt, with previous experience in Material Supply Management for MEA (Procurement) and Global Project Management for developing technologies at Procter & Gamble.