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Association Al Amana pour la Promotion des Microentreprises

Sector: Raw Materials • Location: Morocco

Source: International Finance Corporation (IFC)

Project
Completed

_x000C_Established in 1997, Association Al Amana pour la Promotion des Microentreprises (Al Amana) is the leading microfinance institution (MFI) in Morocco. Al Amana provides micro credit to low income groups and individuals in various sectors including commerce, agriculture. It has demonstrated a business model that works, an ability to scale up, and good management. However, with a high leverag

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The project “Association Al Amana pour la Promotion des Microentreprises” is an infrastructure initiative in the Raw Materials sector, located in Morocco. Taiyo aggregates data on it from International Finance Corporation (IFC).

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completed

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Description

Description

_x000C_Established in 1997, Association Al Amana pour la Promotion des Microentreprises (Al Amana) is the leading microfinance institution (MFI) in Morocco. Al Amana provides micro credit to low income groups and individuals in various sectors including commerce, agriculture. It has demonstrated a business model that works, an ability to scale up, and good management. However, with a high leverage, Al Amana’s future growth is constrained by its ability to raise further debt. Through this project, IFC seeks to help Al Amana increase its capital base by providing a subordinated loan. IFC will also support the funding needs of Al Amana, by providing a partial credit guarantee (PCG) to help Al Amana raise senior debt.

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Source reliability

High

Data quality score

100%

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