Review of DCA Credit Guarantees for MFI Access to Commercial Credit in Morocco

  • Date Posted: February 22, 2011
  • Organizations: DAI
  • Document Types: Guidance, Evaluation, Technical Report
  • Donor Type: US Agency for International Development

This paper reviews USAID/Morocco's experience using the Development Credit Authority (DCA) Portable and Loan Portfolio Guarantee structures to catalyze wholesale funds available to MFIs. The DCA guarantee experience has elicited some success and has defined key lessons learned and guidelines for other missions to consider when designing similar guarantee structures.