Search En menu ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages
    Reference: 20170959
    Release date: 4 December 2019

    Promoter – Financial Intermediary

    ASSOCIATION AL AMANA POUR LA PROMOTION DES MICROENTREPRISES

    Location

    Description

    The EUR 3m loan operation will finance the portfolio of Al Amana Microcredit, the largest microfinance institution in Morocco, which provides economic and social development solutions focusing on financial inclusion for micro- entrepreneurs.

    Objectives

    The project will provide access to finance for micro/small enterprises specifically targeting women, youth and the poorest people living in rural areas.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 3 million

    Total cost (Approximate amount)

    not applicable

    Environmental aspects

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Procurement

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Status

    Approved - 13/01/2020

    Disclaimer

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

    Related tags

    Morocco Credit lines