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Home›News›Islamic microfinance Balbala – Inclusive virtues

Islamic microfinance Balbala – Inclusive virtues

By Connex Design
14 January 2016
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To hear the leaders of the outreach session held yesterday at Al Rahma complex, micro Islamic finance is designed as a set of accompanying measures to promote financial inclusion, economic and social potential customers long excluded from the traditional banking system.
The Djiboutian Social Development Agency (ADDS) held yesterday at Al Rahma complex, an information day on the micro Islamic finance. The target group was composed of women and men from the Warabeley neighborhood in the town of Balbala. The one and the others listened attentively to the explanations of the department head of the micro pilot unit ADDS Islamic finance, Ahmed Amin, and members of his technical staff on the comparative advantages of this alternative finance . And, it must be added, in the presence of the president of the municipality of Balbala Nouho Yusuf Hassan.
To hear the leaders of the outreach session, micro Islamic finance is designed as a set of accompanying measures to promote the financial, economic and social inclusion of potential clients long excluded from the traditional banking system.
For their part, the people of Warabeley seemed to be interested in the opportunities of Islamic finance micro financing in the implementation of income generating activities. ADDS their interlocutors have understood.
Starting with the head of the pilot plant who mentioned a concrete example from his professional experience. He highlighted the impact of the financial contributions of micro Islamic finance in improving the living conditions of many customers in Hayableh district, located on the outskirts of the capital.

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    The Djibouti Social Development Agency, a public administrative establishment, resulting from the merger of the former Djibouti Agency for the Execution of Public Interest Works (ADETIP) and the former Social Development Fund (FSD) project.

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