Hassan II Mosque the government lacked funds for such a grand project. Much of the financing was by public subscription. Twelve million people donated to the cause, with a receipt and certificate given to every donor. The smallest contribution was 5 DH. In addition to public donations and those from business establishments and Arab countries (such as Kuwait and Saudi Arabia), western countries provided construction loans. In the words of the authors of the book "Morocco Country Study Guide", the Hassan II Mosque "undeniably marks the continuity of a modernized ancestral art and bears the sign of innovations that are due not only
Ascend Group launched Ascend Nano in April 2016. It includes a nanofinance and microcredit structure, designed to serve the entrepreneurial grassroots, SMEs and the underserved market. This will be in conjunction with Ascend's portfolio of e-commerce services, as an instant market and marketplace, and includes Nano Factoring to customize lending premium. Ascend Group launched Ascend Capital as a platform for venture capital, investing on tech start-ups that can complement existing ventures and services. Focused mainly on financial technology, e-commerce, CRM, cloud computing and logistics, it actively funds prospects such as SendIt (which is actually party of Ascend Group) to complement its delivery