Technical Assistance Facility Project Portfolio Morocco
| Name of project | Conference on Financial Education in the Arab World |
| Period | 2016 |
| Country | Morocco |
| Partner institution | Various |
| Project description and objectives | Organized by the Arab Monetary Fund, the World Bank, and the Bank Al-Maghrib, the SANAD TAF contributed to the implementation of the event. The objective of the conference was to bring together financial practitioners, researchers, and high-level government authorities to share emerging best practices on developing financially capable communities in the MENA region. |
| Expected results |
The project provided an initial meeting for regulators across the MENA region on their financial education strategies to increase dialogue between them and present new and innovative approaches to financial education. |
| Name of project | Financial Education at Artisanal Fairs |
| Period | 2015 |
| Country | Morocco |
| Partner institution | Various |
| Project description and objectives | The project was conducted in support of the Moroccan Foundation for Financial Education and the Moroccan Ministère de l’Artisanat et de l’Economie Sociale et Solidaire in the context of trainings provided during a series of financial literacy trainings held at regional fairs for artisinal producers. The project supported the production of the educational materials used during these trainings that focused on how to improve the financial management of their businesses, their options for financing, and the management of financing in their businesses. |
| Expected results | The project strongly contributed to helping Moroccan VSEs across the country better understand how to manage their finances, reaching some 1,000 entrepreneurs. The easily-understandable material provided served not only as a basis for the training, but also as a source of future reference in case of need. |
| Name of project | Reinforcing Operational Policies and Procedures |
| Period | 2015 |
| Country | Morocco |
| Partner institution | Microfinance Institution |
| Project description and objectives | The objective of the project was to support a the TAF’s partner-institution in revising and expanding its operational policies and procedures to reinforce credit analysis. The institution’s operational staff, and particularly its loan officers, then received training on the new policies and procedures and their implications for credit analysis. |
| Expected results | The project contributed to improved credit analysis and revised policies that will support ongoing portfolio quality even as the institution works to significantly expand its branch network. |
| Name of project | Reinforcing Impact: Expanding Non-Financial Services and Client Protection |
| Period | 2015 |
| Country | Morocco |
| Partner institution | Microfinance Institution |
| Project description and objectives | The objective of the project was to reinforce the institution’s development impact on its borrowers while identifying areas for improvement in protecting clientele. The former was accomplished through the development of a detailed strategy for the expansion of the institution’s non-financial services, and the latter through a Social Performance Task Force SPI4+ audit. |
| Expected results | The project supported the Fund’s partner institution to reinforce its non-financial services, contributing to it increasing its impact in its mission to reduce poverty and expand inclusive financial systems in Morocco. Further, the project assisted the partner institution in its preparations to be certified by the Smart Campaign. |
| Name of project | Financial Literacy Radio Campaign |
| Period | 2014-2015 |
| Country | Morocco |
| Partner institution | Fondation Marocaine pour l'Éducation Financière |
| Project description and objectives | Together with the Fondation Marocaine pour l'Éducation Financière (FMEF) the project develops and broadcasts a financial literacy radio campaign addressing households and micro and small enterprises with short radio messages on banking and finance. |
| Expected results |
It is expected that financial awareness and basic financial knowledge will be created among the target group to improve their knowledge of how to manage their personal and professional finances. |
| Name of project | Feasibility Study for Creating a Platform for VSE Finance |
| Period | 2012 |
| Country | Morocco |
| Type of activity | Innovative Initiatives |
| Partner institution | Several Microfinance Institutions |
| Project description and objectives | This project supported MFIs in Morocco in creating a joint platform for very small enterprise (VSE) finance by conducting market analysis and a brief institutional assessment, followed by the development of concrete ideas for the design of such a platform. |
| Expected results | The study helped raised sectoral awareness of small business lending and may contribute to further expansion in Morocco’s financial services. |
