What is the latest status of the project “FONDEP II”?

The status recorded for “FONDEP II” is completed.

Who are the main government, EPC, and private stakeholders for “FONDEP II”?

Taiyo maps the stakeholders of “FONDEP II”: government bodies (International Finance Corporation (IFC)).

Where can I verify the source and access all details for “FONDEP II”?

This Taiyo project page references International Finance Corporation (IFC) along with the original URL (https://disclosures.ifc.org/project-detail/SPI/30855/fondep-ii). Taiyo standardizes official data into a consistent, searchable project profile.

FONDEP II

Sector: Commercial • Location: Morocco

Source: International Finance Corporation (IFC)

Project

Completed

The proposed project is a MAD70 million ($9 million equivalent) partial credit guarantee facility (the “ Guarantee Facility”) to allow Fondation pour le Développement Local et le Partenariat (FONDEP), an existing IFC client, to raise up to MAD210 million ($27 million equivalent) in local currency senior financing from the Moroccan banking sector. The Guarantee Facility will have up to 5 year teno

Project Information

4 Q

The project “FONDEP II” is an infrastructure initiative in the Commercial sector, located in Morocco. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency	Obfuscated Data
Company	Obfuscated Data

Status

Original status	completed
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Taiyo last update	00-00-0000
Available timestamps	00-00-0000
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Contact

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Email	ObfuscatedData@email.com
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Description

Description	The proposed project is a MAD70 million ($9 million equivalent) partial credit guarantee facility (the “ Guarantee Facility”) to allow Fondation pour le Développement Local et le Partenariat (FONDEP), an existing IFC client, to raise up to MAD210 million ($27 million equivalent) in local currency senior financing from the Moroccan banking sector. The Guarantee Facility will have up to 5 year tenor with up to 1 year grace period. FONDEP is Morocco’s third largest microfinance institution in Morcocco. As of December 31, 2010, FONDEP had a loan portfolio $80 million equivalent and 132 thousand active clients. FONDEP has been granting solidarity group loans and individual loans, primarily in semi-urban and rural areas. As of December 2010, the portfolio was composed of 58% solidarity loans, 36% individual loans and 6% housing loans. FONDEP has 176 branches and 870 employees.
Original sub-sector	Obfuscated
Original Currency	USD
Original budget	000000000000000
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Budget	000000000000000

Location

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Source

Source reliability	High
Data quality score	100%
Source	Obfuscated Data
URL	obfuscated_data,obfuscateddata.com

More Details

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Article Published Date	Obfuscated Data

FONDEP II

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