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Loan to FBPMC to strengthen and develop a major microfinance player in Morocco

Project

Signature date
Location
Morocco
Financing tool
Financing amount (Euro)
10030000
Financing details
Loan of EUR 10m and technical assistance of EUR 30,000
Customer
FONDATION BANQUE POPULAIRE POUR LE MICROCREDIT
Type of customer
Microfinance
Project number
PMA1099

FBPMC, a Moroccan microfinance institution, wants to strengthen its equity, develop its loan portfolio and diversify its range of products and services – in a sector currently undergoing consolidation.