Al Amana Microfinance

Other Lender
Microfinance Bank

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About Al Amana Microfinance

A microfinance institution in Morocco, established in 1997. The organization offers a range of loan products to empower individuals and businesses, particularly in underserved areas.

Amount

MAD 2,000 - MAD 40,000

Tenor

1 - 24 months

Min. Approval Time

24 hrs

Countries

Requirements

The basic requirements to apply for a loan on Al Amana Microfinance include:

  • •   Having a valid ID Card
  • •   Owning and managing your business, activities managed by partners are not accepted
  • •   Be committed to investing the entirety of your loan in your business or operation and not to entrust it to a third party
  • •   Having good morals and transparency
  • •   Having the minimum guarantees required

How to Apply

To apply for a loan with Al Amana Microfinance, visit the lender's website and click on "Get Started." If you meet the eligibility criteria and agree with the terms, complete and submit the online application form.


This lender claims it can approve applications on the same day they are submitted and disburse funds within 24 to 72 hrs.

Contact

Support Number

+212 053 728 9500

Lendsqr is not a lender and cannot provide loans directly. Our platform functions as a bridge connecting you with licensed lenders who may offer personal loans depending on their products. We showcase a list of these lenders and the loan options they provide.

While you can initiate the application process on Lendsqr, it's important to understand this simply starts the process with your chosen lender, not with Lendsqr.

FAQs

What channels can I use for free?

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A web app - This is created immediately after they onboard and their customers can apply for loans via the app for free. They also get to use the admin console for free to manage their lending operations, however certain features are tied to plans so they might need to upgrade to have a more streamlined lending operation.

Can I get a custom app for my own preferences?

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You can customize your web app to your preferences - the color, texts, how things appear to fix your business colors and brand. Mobile apps customized to your brand are on our paid plans and not readily available to users on the free tier.

I already have my own app, how can I still plug into Lendsqr’s infrastructure?

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Lendsqr has APIs that you can utilize in your own app. We have a product, Adjutor that houses all our APIs without needing you to use Lendsqr's white-label apps

How do I get a demo or walkthrough for Lendsqr?

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You can send an email to growth@lendsqr.com

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