First Independent Mena Newspaper
Morocco ranked second in the Arab world in terms of credit portfolio granted by microcredit associations by the end of 2020, according to the Arab Monetary Fund (AMF). The outstanding total of these credits amounted to $760 million at the end of the past year, the AMF said in its annual report on financial stability […]
Morocco, which is already a regional leader in microcredit, is poised to develop its strategy in the sector, the aim being to increase the number of beneficiaries to 3.2 million people and to create some 2 million part time jobs by 2020. The announcement was made last week on the sidelines of the international conference […]