Addis Ababa, September 21, 2011 (MAP)Morocco is a recognized microcredit champion, boasting 40 percent of client outreach in the Arab world and host to some of the best performing microfinance institutions (MFIs) in the world, a Focus note said.According to this note, distributed during the fifth African micro-credit conference (September 19-22) in Addis Ababa, the Moroccan microcredit sector has enjoyed one of the most extraordinary growths seen in the microfinance industry.In this regard, it noted that in just four years (2003-2007), MFI loan portfolios multiplied 11 times and client outreach by four.

Bank Al-Maghrib