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Low rate credits for Algeria earthquake victims

Low rate credits for Algeria earthquake victims
Stricken families were granted chalets.

Algerian authorities are going to allocate credits for salesmen whose businesses were hit by the earthquake in the region of boumerdes and Algiers in 2003 of a value of 1 million Algerian Dinars, while the 1980 major earthquake’s victims were granted the double with an interest rate of 2 percent for both cases.

  • The interior ministry estimates reveal that 560 businesses were completely destroyed by the earthquake that hit the region of Boumerdes which counts some 1,060 businessmen.
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