Unterzeichnung(en)
Übersicht
Establishment of a long-term (10-year) credit line from risk capital resources for leading Moroccan microcredit associations to finance their lending to small-scale enterprises. This facilily will have the features of a loan in dirhams (the exchange risk will be borne by the Community budget).
To support the development of microcredit in Morocco and thus contribute to the expansion of private-sector activities, the advance of women and a reduction in poverty.
No significant impact on the environment as such, owing to the very small size of the projects. There may, on the other hand, be a considerable social impact (large number of beneficiairies, the majority of whom etablish sustainable activities).
Financial (and a wide range of small-scale economic activities, mainly commerce, crafts and trades, as far as the final beneficiaries are concerned)