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What Are The Factors Affecting The Financial Sustainability of Social Enterprises in Egypt?

This thesis investigates what factors affect the financial sustainability of social enterprises (SEs) in Egypt, situating them within a constrained MSME, legal and sectoral context marked by informality, weak innovation and recurrent shocks. Drawing on global and Egyptian literature, it identifies t...

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Main Author: Ghaly, Mina Atta
Format: Thesis
Published: AUC Knowledge Fountain 2026
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access_status_str Open Access
author Ghaly, Mina Atta
author_browse Ghaly, Mina Atta
author_facet Ghaly, Mina Atta
author_sort Ghaly, Mina Atta
collection Thesis
description This thesis investigates what factors affect the financial sustainability of social enterprises (SEs) in Egypt, situating them within a constrained MSME, legal and sectoral context marked by informality, weak innovation and recurrent shocks. Drawing on global and Egyptian literature, it identifies ten candidate factors—business model, financial management, founders’ skills and mindset, revenue structure, sector and mission, legal framework and innovative finance, capacity building, investment mechanisms and “the right investor”, adaptability to shocks, and ecosystem conditions—and integrates them into an extended Social Enterprise Model Canvas. Using a qualitative, exploratory design with semi‑structured interviews of social enterprise founders, incubators/accelerators, investors and experts, the study employs inductive thematic analysis to derive ten overarching themes. The most salient relates to having a solid, profit‑oriented business model, robust financial‑management systems, relevant and sustained capacity building, alignment with investors who understand hybrid models, the ability to adapt to economic and policy shocks, and the enabling or constraining role of the wider ecosystem, alongside cross‑cutting insights on investor perceptions of SEs and mission–profit tensions. The thesis offers practical recommendations for policymakers and support organisations and contributes to the literature as one of the first multi‑factor, Egypt‑focused analyses of social enterprise financial sustainability that explicitly incorporates shock‑adaptation, investor perceptions and the quality of capacity‑building support.
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institution American University in Cairo (Egypt)
last_indexed 2026-06-10T12:36:03.647Z
license_str Not specified — see source repository
provenance_str_mv Harvested via OAI-PMH from AUC Knowledge Fountain — bepress
publishDate 2026
publishDateRange 2026
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spelling oai:fount.aucegypt.edu:etds-3779 What Are The Factors Affecting The Financial Sustainability of Social Enterprises in Egypt? Ghaly, Mina Atta This thesis investigates what factors affect the financial sustainability of social enterprises (SEs) in Egypt, situating them within a constrained MSME, legal and sectoral context marked by informality, weak innovation and recurrent shocks. Drawing on global and Egyptian literature, it identifies ten candidate factors—business model, financial management, founders’ skills and mindset, revenue structure, sector and mission, legal framework and innovative finance, capacity building, investment mechanisms and “the right investor”, adaptability to shocks, and ecosystem conditions—and integrates them into an extended Social Enterprise Model Canvas. Using a qualitative, exploratory design with semi‑structured interviews of social enterprise founders, incubators/accelerators, investors and experts, the study employs inductive thematic analysis to derive ten overarching themes. The most salient relates to having a solid, profit‑oriented business model, robust financial‑management systems, relevant and sustained capacity building, alignment with investors who understand hybrid models, the ability to adapt to economic and policy shocks, and the enabling or constraining role of the wider ecosystem, alongside cross‑cutting insights on investor perceptions of SEs and mission–profit tensions. The thesis offers practical recommendations for policymakers and support organisations and contributes to the literature as one of the first multi‑factor, Egypt‑focused analyses of social enterprise financial sustainability that explicitly incorporates shock‑adaptation, investor perceptions and the quality of capacity‑building support. 2026-02-15T08:00:00Z thesis application/pdf https://fount.aucegypt.edu/etds/2717 https://fount.aucegypt.edu/context/etds/article/3779/viewcontent/Mina_Atta_Ghaly_Thesis.pdf Theses and Dissertations AUC Knowledge Fountain social entrepreneurship social enterprises hybrid organizations impact driven business financial sustainability incubators Egypt legal ecosystem NGOs investment Business Law, Public Responsibility, and Ethics Entrepreneurial and Small Business Operations Finance and Financial Management Nonprofit Administration and Management Nonprofit Organizations Law Nonprofit Studies Organization Development Public Administration Public Affairs, Public Policy and Public Administration Public Policy
spellingShingle social entrepreneurship
social enterprises
hybrid organizations
impact driven business
financial sustainability
incubators
Egypt
legal ecosystem
NGOs
investment
Business Law, Public Responsibility, and Ethics
Entrepreneurial and Small Business Operations
Finance and Financial Management
Nonprofit Administration and Management
Nonprofit Organizations Law
Nonprofit Studies
Organization Development
Public Administration
Public Affairs, Public Policy and Public Administration
Public Policy
Ghaly, Mina Atta
What Are The Factors Affecting The Financial Sustainability of Social Enterprises in Egypt?
title What Are The Factors Affecting The Financial Sustainability of Social Enterprises in Egypt?
title_full What Are The Factors Affecting The Financial Sustainability of Social Enterprises in Egypt?
title_fullStr What Are The Factors Affecting The Financial Sustainability of Social Enterprises in Egypt?
title_full_unstemmed What Are The Factors Affecting The Financial Sustainability of Social Enterprises in Egypt?
title_short What Are The Factors Affecting The Financial Sustainability of Social Enterprises in Egypt?
title_sort what are the factors affecting the financial sustainability of social enterprises in egypt
topic social entrepreneurship
social enterprises
hybrid organizations
impact driven business
financial sustainability
incubators
Egypt
legal ecosystem
NGOs
investment
Business Law, Public Responsibility, and Ethics
Entrepreneurial and Small Business Operations
Finance and Financial Management
Nonprofit Administration and Management
Nonprofit Organizations Law
Nonprofit Studies
Organization Development
Public Administration
Public Affairs, Public Policy and Public Administration
Public Policy
url https://fount.aucegypt.edu/etds/2717
https://fount.aucegypt.edu/context/etds/article/3779/viewcontent/Mina_Atta_Ghaly_Thesis.pdf
work_keys_str_mv AT ghalyminaatta whatarethefactorsaffectingthefinancialsustainabilityofsocialenterprisesinegypt