AFD grants 20- million loan to Tamwill El Fellah
Rabat - The French Development Agency (AFD) has granted a loan of 20 million to agriculture financing company "Tamwill El Fellah", a subsidiary of Crédit Agricole-Maroc (CAM).
Source : https://www.marocafrik.com/english/AFD-grants-20-m...
Accompanied by a grant of 300,000 euros for CAM, the credit line aims to reinforce the funding capacity of Tamwill El Fellah to assist investments intended for farms that do not have access to traditional bank loans, said a statement from the AFD.
It will also contribute to improving access to funding for nearly 2,000 farms, and integrating the rural world into the banking system, said AFD.
The AFD statement said the Agency will continue to support the implementation of Pillar II of Morocco's Green Plan for small family farms, and the reduction of regional and social inequalities.SE MAP 122136 GMT Jul 2013
It will also contribute to improving access to funding for nearly 2,000 farms, and integrating the rural world into the banking system, said AFD.
The AFD statement said the Agency will continue to support the implementation of Pillar II of Morocco's Green Plan for small family farms, and the reduction of regional and social inequalities.SE MAP 122136 GMT Jul 2013
Source : https://www.marocafrik.com/english/AFD-grants-20-m...