The gurantee fund to finance and assist young entrepreneurs

The fund of gurantee for small and medium-sized companies has called on the the operators who do not own the appropriate gurantees to cover their loans to move to the fund’s offices in order to benefit from the required technical assistance

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• ·  ·  In a communiqué to which, Echourouk had a copy, the fund has indicated that numerous  contracts  have been sealed with the public banks and the most notorious private banks that operate on the Algerian financial market, noting that this one has already finaced  and gave assistance to 475 companies.
• ·  The fund’s activities have witnessed a significant increase over the current year totalling some  12.5 billion Euros and creating some 25128 jobs. The industrial sector took the lion’s share with some 307 projects.
• ·  The fund  made it clear that it will cover all types of projects , giving priority to those that generate wealth and create jobs either directly or indirectly .
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