ANGEM, National Microcredit Management Agency

ANGEM (the National Microcredit Management Agency) runs the public microcredit scheme aimed at the unemployed, homemakers, craftspeople and holders of small projects. It offers a PNR (interest-free loan) at 0 % topped up by a subsidised bank loan.

The ANGEM PNR reaches 100 000 DZD at 0 %. It combines with a subsidised bank loan of up to 1 million DZD, for a total project of 1.1 million DZD at most.

Algerian nationality, aged 18 or over, unemployed people registered with ANEM, homemakers, craftspeople, and any holder of a viable small project. ANGEM publishes no upper age limit, so we state none.

ANGEM form, copy of the national ID card, criminal record extract B3 (less than 3 months old), proof of address, simplified project study, pro forma quotes for the equipment, financing plan.

ANGEM targets very small projects (up to 1 M DZD). NESDA/ANADE finances more ambitious projects (up to 10 M DZD) with a triangular model. The schemes cannot be combined on the same project.

No text published in the Journal officiel sets a decision deadline for the ANGEM or for the bank, so we state none. The decision belongs to the ANGEM and to the partner bank for the complementary loan.

ANGEM publishes no list of excluded activities, so we publish none. The legal text sets a criterion rather than a list: under article 5 of décret présidentiel n° 04-13 of 22 January 2004 on the micro-credit scheme, the activities eligible for micro-credit are those that do not necessarily require commercial or professional premises. Have your activity's eligibility confirmed by your wilaya's ANGEM office before you spend anything.