MCM Revolving Loan Fund Impact

06/24/2021

As part of its social programs that it implements in cooperation with local partners, MCM provides small loans for women and youth groups. These loans are often granted after completing training sessions for the beneficiaries on running small businesses.

The Mattel 3 neighborhood group is a group consisting of 9 women who created together their own project and they run it alternately in groups. During the first four months of its operation, the project has generated a profit of 135.15% of its capital. In order for the project to continue to grow, the group decided to increase the capital by 25% of the profits achieved within every four months.

The success of this project, along with many other similar projects, is evidence of the importance of literacy and small business management trainings before granting loans to the groups.

Contacts

Aboubekrine Elemine
Country Manager
Email: aboubekrine.elemine@fqml.com
Phone: 00 222 22 14 42 28

CSR Coordinator
Email:
Phone: 
Mohamed Nour M'beirik
Communications Coordinator
Email: mohamednour.mohamed@fqml.com
Phone: 00 222 22 14 43 36

 

Senior Community Relations Supervisor
Email:
Phone: