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JAIDA SA

Signature(s)

Amount
€ 10,000,000
Countries
Sector(s)
Morocco : € 10,000,000
Credit lines : € 10,000,000
Signature date(s)
22/12/2020 : € 10,000,000
Link to source
Data sheet
JAIDA SA
Other links
Summary sheet
JAIDA SA
Related press
Morocco: EIB and JAÏDA sign finance contract to support microlending by microfinance institutions

Summary sheet

Release date
4 May 2020
Status
Reference
Signed | 22/12/2020
20190913
Project name
Promoter - financial intermediary
JAIDA SA
JAIDA SA
Proposed EIB finance (Approximate amount)
EUR 10 million
Location
Sector(s)
Description
Objectives

The proejct consists of an EUR 10m loan to finance the portfolio of the JAIDA fund, which supports microfinance institutions in Morocco. The fund aims to improve access to finance for micro-enterprises focusing on financial inclusion and social development.

The aim is to enhance access to finance for micro-enterprises.

Environmental aspects
Procurement

Final beneficiaries should comply with relevant national and EU legislation.

Final beneficiaries should comply with relevant national and EU legislation.

Link to source
Summary sheet
JAIDA SA
Other links
Data sheet
JAIDA SA
Related press
Morocco: EIB and JAÏDA sign finance contract to support microlending by microfinance institutions

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

News & Stories

Link to source
Related press
Morocco: EIB and JAÏDA sign finance contract to support microlending by microfinance institutions
Other links
Data sheet
JAIDA SA
Summary sheet
JAIDA SA

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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