KfW Entwicklungsbank of Germany Establishes the Microfinance Fund JAIDA in Morocco

KfW Entwicklungsbank has established the financing institution, JAIDA, with the aim to serve the Moroccan microfinance sector with funding and support. JAIDA was created as part of a cooperative venture with the Caisse de DépÌ«t et de Gestion (CDG), a Moroccan public financial institution, the Agence Fran̤aise de Développement (AFD), the French Development Agency, and the French Caisse de DépÌ«t et de Consignation (CDC), a French state-owned financial institution.

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