Wednesday , April 14 2021

Le Matin – The CDG Foundation funded 163 micro-projects in 2020

The national support program for income-generating activities through microcredit aims to help combat the social exclusion of young people by promoting self-employment and integration and economic autonomy.

The National Support Program for Microcredit Income Generation Activities closed its 2020 edition. It was attended by 225 applicants with micro-projects from various parts of the Kingdom. Following the evaluation of the applications by a jury, the CDG Foundation, Program Director, awarded, for this sixth edition, financial support to 163 micro-projects that meet the criteria of the call for proposals for projects launched in June 2020, a total of amounting to almost 2.5 million dirhams. Given the current health conditions caused by the Covid-19 pandemic, no ceremony was organized and the aid was given to all beneficiaries through bank transfers made directly to their accounts. For this sixth edition, distance education is provided for all winners and focused on various modules such as digitization, budgeting, social and economic performance in crisis situations and debt management. Trophies, medals and certificates of merit were also awarded to the heads of the participating Microcredit Associations, namely Attadamoune, Ardi, Attawfiq, Al Amana, Inmaa, BRJ and Ismaïlia.
Launched in 2014 by the CDG Foundation, in collaboration with the Mohammed VI Microeconomic Solidarity Support Center, the National Federation of Microcredit Associations and the Jaïda Fund, the program aims to help combat the social welfare of young people by excluding and disabling them. financial autonomy.

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