Moroccan Attijariwafa Bank Provides USD 2.7 Million Loan to Moroccan Microfinance Institution FONDEP

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    Thursday, January 4, 2007

    Moroccan Attijariwafa Bank Provides USD 2.7 Million Loan to Moroccan Microfinance Institution FONDEP

    » Posted by in Category: Asia,Investment Funds at 6:15 pm

    FONDEP, a microfinance institution (MFI) based in Morocco recently received USD 2.7 million in local currency funding from Attijariwafa Bank, a local bank. The deal was engineered by the Grameen-Jameel Initiative, which provided a USD 888,000 guarantee on the loan.

    Continue reading “Moroccan Attijariwafa Bank Provides USD 2.7 Million Loan to Moroccan Microfinance Institution FONDEP”

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