BCP Attawfiq Gender Bond

BCP and Attawfiq Micro-Finance launched Morocco's first Gender Bond, raising USD 25 million to provide microloans and non-financial services to over 17,000 women, addressing systemic barriers to financial inclusion in both urban and rural areas.

• BCP became the first institution in Africa to issue a Gender Bond, raising approximately USD 25 million through a private placement in partnership with Attawfiq Micro-Finance and supported by FSD Africa and the Moroccan Capital Market Authority (AMMC).
• The Gender Bond enabled Attawfiq Micro-Finance to empower over 17,000 women across Morocco by providing microloans alongside non-financial services such as leadership workshops, networking opportunities, and financial literacy training.
• Women in Morocco face significant barriers to formal financial participation, including limited income, lack of asset ownership due to cultural norms and inheritance laws, and restricted mobility for those in rural regions.

APA

FSD Africa (2025). BCP Attawfiq Gender Bond. https://fsdafrica.org/impact-stories/bcp-attawfiq-gender-bond/

Chicago

FSD Africa. BCP Attawfiq Gender Bond. 2025. https://fsdafrica.org/impact-stories/bcp-attawfiq-gender-bond/.

Wikipedia

{{cite report |author=FSD Africa |title=BCP Attawfiq Gender Bond |date=26 May 2025 |url=https://fsdafrica.org/impact-stories/bcp-attawfiq-gender-bond/ |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{fsdafrica2025bcp, author = {{FSD Africa}}, title = {{BCP Attawfiq Gender Bond}}, institution = {FSD Africa}, year = {2025}, month = may, url = {https://fsdafrica.org/impact-stories/bcp-attawfiq-gender-bond/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }