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Grameen Foundation : Where we work : Middle East / North Africa : Morocco

Morocco

The Need in Morocco

  • 19 percent of the population (1,243,582 households) lives below the National Poverty Line

Morocco is experiencing a fast-growing microfinance sector, yet there are roughly 541,000 households in poverty that are not reached with financial services. The Grameen-Jameel Initiative provides two Moroccan MFIs with scholarships for training, technical assistance, and financial support. The partners are expanding their client outreach and providing the poor with much needed financial services.

Our partner microfinance institutions in Morocco: Al-Karama and FONDEP

Morocco success stories: Chaibia, Louisa and Mimouna



Grameen Foundation : Where we work : Middle East / North Africa : Morocco

- Grameen Foundation - Grameen Foundation uses microfinance and innovative technology to fight global poverty and bring opportunities to the world's poorest people. With tiny loans and financial services, we help the poor, mostly women, start businesses and escape poverty. Our global network of 55 microfinance institution (MFI) partners including our Growth Guarantee partners has touched more than 34 million people in 24 countries. In addition, we introduced and now sustain technology initiatives (Mifos and Village Phone) in Cameroon, Kenya, Rwanda, and Uganda, bringing our total country outreach to 28.

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