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Al Amana Microfinance
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Details
Legal residence:Morocco
Organization type:Consulting organization
Funding agencies: Other
Sectors: Micro-finance, SME & Private Sector
Nr. of employees:1001-5000
Status:
Active
About
al Amana Microfinance is a non-profit organization, governed by the dahir of 15/11/1958 and the laws 18/97 and 58/03 concerning the activity of the micro-‐credit. It was founded on February 13th in 1997 and approved as an Association of microcredit by the Ministry of Finance on March 31st in 2000. Leader of the sector of the microfinance in Morocco, al Amana Microfinance has, at the end of June 2016, a network of more than 598 points of service among which 233 in the urban and outer-‐urban areas, 279 in rural areas and 86 mobile vehicles serving the most landlocked zones. al Amana Microfinance offers financial products such as: the solidarity loan, the individual loan to companies, the individual loan for accommodation or housing, intended for the promotion of the generative activities of income, for the improvement of the accommodation or to ensure its connections with the electricity or with the drinking and potable water. Al Amana's Microfinance offer includes also non-‐financial services of training, accompaniment, and support for the marketing and for the visibility of the products of its customers. At the end of 2015, al Amana Microfinance served 3.943.993 loans of a global amount of 29 billion dirhams for the benefit of 1.484.122 customers.
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