Mission statement

Zakoura Foundation defines itself by helping women become independent financially through giving them the means to create income-generating projects. Thanks to microcredit, Zakoura has helped about 200,000 people make their dreams come true...

Established in 1995 as a not-for-profit development association, the Zakoura Foundation’s mission is,: fighting poverty and developing a sense of civic responsibility. Its main goal is to improve the quality of life, both in rural and urban areas, for the poorest Moroccans by providing them with microcredit loans. This target population does not typically have access to the traditional sources of financing.. At that time, microcredit had already proven quite successful as an efficient development tool in poverty eradication. Due to easier access to capital through microcredit, economically marginalized people become more empowered and self-sufficient. However, a mere distribution of money is not sufficient to lead to this kind of development. To have an effect on the long term, the Zakoura Foundation has quickly understood that it had to offer its clients both quality services that are sustainable. What distinguishes Zakoura from the other microcredit associations (AMC’s) in Morocco is its very strong commitment to serve the poorest populations and its practical business training program which offers support to the beneficiaries on the basics of management, sensitization to education and to civism through social actions.

Core values
  Solidarity through the practice of group loans ;
  Respect : all our beneficiaries are treated respect ;
  Equality between the men and women : the Foundation grants microcredit to women which enables them to be an equal decision maker in their households;
  Fight against corruption : all the efforts are made to prevent fraud and embezzlement;
  Quest for quality : quality products and services.

Our target
The Zakoura Microcredit Foundation targets mainly women, who represent 89% of the beneficiaries. Most of them are illiterate and poor, their income not exceeding 1,500 Moroccan Dirhams (about USD 177) per month for a household made up of 5 persons.

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