Investing in Employment in the Middle East and North Africa Region

SANAD Entrepreneurship Academy

Investment Project Portfolio Morocco

Partner institution Al Amana Microfinance
Country Morocco
Counterparty sector Microfinance
Signing date November 2017
Financial Instrument Senior loan
Size USD 7.0 million
Project description and objectives Support the expansion of lending services to micro-entrepreneurs and very small enterprises through Al Amana’s large network. 



Partner institution Albaraka
Country Morocco
Counterparty sector Microfinance
Signing date June 2016
Financial Instrument Senior loan
Size USD 10 million
Project description and objectives Increase Albaraka’s expertise in the field of micro and very small enterprise lending and support the expansion of the partner institution in this segment.



Partner institution Al Amana Microfinance
Country Morocco
Counterparty sector Microfinance
Signing date July 2015
Financial Instrument Senior loan
Size USD 5 million
Project description and objectives Support the expansion of lending activities to micro-entrepreneurs and very small enterprises in Morocco. Al Amana is the market leader in the Moroccan microfinance sector and has a strong outreach through its large branch network. Approximately 13,000 clients will benefit from the new credit facility. 



 
Initiated
|
Advised by
 
  • http://www.kfw-entwicklungsbank.de/
  • http://www.finance-in-motion.de/
 
 
Funded by
 
  • http://www.bmz.de/
  • http://ec.europa.eu/
  • http://www.kfw-entwicklungsbank.de/