WHO earmarks us $30.000 micro-loans to finance projects in Sale
Morocco, Economics, 6/21/2003

The World Health Organization (WHO) allocated to Rabat's twin city of Sal? micro-loans worth US$ 30,000 to finance socio-economic projects.

The loan was granted under a cooperation agreement signed Thursday by the governor of Sal?, the health ministry and WHO.

Nearly 80 per cent of the amount will go to funding job generating projects and 20 per cent to social and cultural activities.

The agreement is part of the WHO's "basic development needs" program meant to alleviate health problems.

The agreement binds the Sal? province to reinforce cooperation and partnership between various sectors, external services and NGOs active in local development. In addition, it undertakes to improve the populations living conditions and involve governmental sectors in sustainable development.

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  France extends Morocco 750,000 Euro for expats' enterprise creation   (6/20/2003)
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  Micro-credits soar by 65% in 2002   (1/4/2003)
  UNDP backs micro-loans to Moroccan rural women   (3/7/2002)

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