Wednesday , December 2 2020

Microcredit: The interest rate will increase to 150,000 dirhams



through Ismail Benbabah 05/11/2018 22 hours 41

credits

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Kiosque360. The government has recently adopted a law that will increase the threshold of microcredits up to 150,000 dirhams.

This is good news for most Moroccan households. In fact, the threshold of microcredit will increase. So, the ad Morocco today he was interested in this subject at the time of the day, and now this limit of 50,000 dirhams will grow up to 150,000 dirhams. This, of course, was a law approved by the government council last Thursday, proposing draft law No. 18-180 on microcredit,

The newspaper's goal is to improve access to finance for small businesses, in order to ensure that the amount transferred does not exceed 150,000 dirhams. waiting for their growth and stability. Morocco today The text is also aimed at promoting professionalism in the microcredit sector, strengthening its integration into its financial landscape and supporting revenue-generating activities, as well as ensuring harmonious development of the sector.

This is a real sector reform of the bill that gives a new impetus to microfinance in Morocco. It should be noted that in 2016, 45% of the 900,000 clients in the microcredit sector were women when the average loan issued by microcredit organizations was around 7,000 dirhams. It should be noted that microcredits play a very important social role.

Ismail Benbabah


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