General Assembly


General Assembly Meeting: Invitation Letter


Sanabel’s Board of Directors cordially invites you to attend the annual General Assembly Meeting, to be held on Thursday 12 March, from 9:00 am - 1:00 pm at Stigenberger Hotel in Hurgada, Egypt.

We hope that all members attend this meeting, which is especially significant this year due to the Board elections.  According to the attached Sanabel Bylaws, there will be elections this year for a seven seat Board (of which one Board member must be a woman).  Of the Seven outgoing Board Members, only six - (due to the resignation of Mr. Ali Abdel Jabbar) can run for re-election.  Please note that no more than two Board of Directors members from one country will be eligible to serve at the same time.  Sanabel Full members interested in submitting their candidacy are invited to complete, sign, and return the attached Nomination by e-mail to AND no later than February 27, 2020.  Nominations received after the noted deadline shall not be accepted. All members shall immediately be advised of the nominations, and elections shall take place by secret ballot at the General Assembly to be convened on March 12, 2020.


The following criteria apply to all nominees:
  • All nominees shall hold the position of Executive Director at a Sanabel Full Member MFI.
  • All nominee MFIs shall have paid their 2019 membership dues in full prior to nomination.
  • All must be willing and able to invest time in attending two Board meetings in-person and two over the telephone annually, that in addition to performing any and all other duties associated with board membership.
  • All must be willing to dedicate employee time in support of achieving Sanabel’s objectives if, as and when required.
Also please note that by Sanabel bylaws (Article # 13):

     -  The Executive Director or his/her deputy in the meeting of the General Assembly should represent MFIs that are members of the network.

     -  A member may delegate, in writing, other member to represent him in the General Assembly Meeting according to the following conditions:

            1. Delegation is made with an official authorization.

            2. The delegation authorization must be signed by both parties and submitted one day before the meeting; a delegate shall represent one member only.

            3. Authorization must be submitted to the Executive Director or the Chairman of the board of directors before the General Assembly Meeting.

kindly find attached the following documents:

For adding any Agenda topic to be discussed, or any question to the financial auditor (KPMG), Please send an email to , no later than March 1, 2020.


Youssef Bencheqroun


Sanebel – the Microfinance Network of Arab Countries


Contact us

  • Address:
    34 B South Police Academy
    New Cairo, Egypt.

  • Phone:
    (+2) 02 – 25 37 30 23
    (+2) 02 - 25 37 31 70

  • Mobile:
    (+2) 0100 041 04 58

  • Email:

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