Financial services for informal sector entrepreneurs
Morocco, 2008
Collaborating Entity
INMAA
Amount
€368,000
Term
4 years
Beneficiaries
39,785
Social Issue
Although poverty is a phenomenon that affects all of Morocco, it is concentrated mainly in rural and mountainous regions. Of the four million Moroccans living below the poverty line, three reside in these areas.
Our Response
Created in 1999 and with its headquarters in Rabat, INMAA operates through ten branches spread across the country and hopes to expand by establishing another 12. Most of its applicants are women living in the countryside. INMAA has a total of 6,000 clients.
Expected Social Impact
INMAA is expected to be able to offer 1,989 microcredits a year, representing a total of 7,957 in the four years of the loan that the Netri Foundation has given to the institution.