Abderrahim Assim carves a design outside a woodworking cooperative shop in Marrakech, Morocco on April 8, 2022. As a response to the economic challenges posed by the COVID-19 pandemic, USAID is providing tranches of working capital to more than 1,100 vulnerable cooperatives like this one through the Cooperative Financing Program. USAID provided $ million to GiveDirectly, which matched this funding, to distribute grants of $10,000 per cooperative in the hardest hit sectors, such as tourism and handicraft, across Morocco.

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Keywords: cooperative, covid-19, financing, morocco, program