European Bank, Moroccan NGO conclude loan agreement

European Bank, Moroccan NGO conclude loan agreement

European Bank, Moroccan NGO conclude loan agreement

The European Investment Bank (EIB) and Al Amana Microfinance have signed a loan agreement of €3 million to support the development of Moroccan micro-enterprises and very small enterprises (VSEs), with a special focus on supporting women entrepreneurs.

A statement from the European bank explains the deal seeks to offer the support by facilitating access to finance for micro-enterprises and VSEs.

For more information, please see https://www.moroccoworldnews.com/2020/08/316743/european-bank-moroccan-ngo-conclude-loan-to-support-women-entrepreneurs/

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