Fondation pour le Développement Local et le Partenariat - Microcrédit - Fondep
Location
Morocco
Description
Local currency senior unsecured loan to "Fondation pour le Développement Local et le Partenariat - Microcrédit - Fondep", a Moroccan microcredit association, for the financing of microcredits
Objectives
Financing of Fondep's microcredit activity over the next years, covering both the growth of the existing portfolio of clients as well as the launch of new products
Comments
Sector(s)
Services
Proposed EIB finance (Approximate amount)
EUR 4 million
Total cost (Approximate amount)
Not disclosed.
Environmental aspects
In line with EIB's requirements
Procurement
N/A
Status
Under appraisal
-
18/03/2013.
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