Le Crédit ANGEM
What is it ?
ANGEM financing is a microcredit scheme which offers you the possibility of benefiting from support for the realization of your professional project.
Eligibility
Amount of financing
The amount of bank credit can reach up to 70% of the overall cost of the project, with a maximum of 1,000,000 DZD.
Participants
Reimbursement
A three (03) year grace period is granted for the repayment of the main bank loan and a one year grace period for the payment of interest.
Loan duration
The duration of the bank loan is eight (08) years, including three (03) years of deferred repayment of the main loan.
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How to subscribe
Registration
Go to the nearest ANGEM branch.
Identify your project
Constitute your financing file.
Your loan is ready
Benefit from your credit and realize your professional project.
FAQ
The ANGEM micro credit is granted to categories of citizens with no income and/or with small, unstable and irregular incomes. It is intended for: The creation of activities, including at home through the acquisition of start-up equipment and raw materials.
To benefit from the ANGEM loan, the following conditions must be met:
• Be eighteen (18) years of age or older;
• Being without income or having low, unstable and irregular income;
• Have a fixed residence;
• Possess know-how in relation to the planned activity;
• Not having benefited from any other aid for the creation of activities;
• Mobilize a personal contribution.
• Be eighteen (18) years of age or older;
• Being without income or having low, unstable and irregular income;
• Have a fixed residence;
• Possess know-how in relation to the planned activity;
• Not having benefited from any other aid for the creation of activities;
• Mobilize a personal contribution.
For the constitution of your credit file, we inform you Madam, Sir that your file is introduced by the interlocutor of the ANGEM at the level of our Bank. This file consists of the following documents:
• Handwritten request for financing addressed to the Bank, established by the promoter expressly quantified;
• Birth certificate ;
• Certificate of residence;
• Diploma, professional qualification, training certificate, or any other document attesting to know-how;
• Copy of an identity document (CIN or PC);
• A copy of the eligibility and funding decision, drawn up by ANGEM;
• Copy of the technical and economic study prepared jointly by the promoter and ANGEM, supplemented by the pro forma invoices for the equipment and materials and the estimate for the insurance of the equipment and materials to be acquired, for a period of one year , and/or: Raw materials, goods, an estimate of the development work to be carried out;
• Copy of the CNAS and CASNOS non-affiliation certificates.
• For retired municipal guard officers and the heirs of deceased officers, it is necessary to require, in addition, the notification of retirement or a document justifying the status of the heirs issued by the competent authority.
• Handwritten request for financing addressed to the Bank, established by the promoter expressly quantified;
• Birth certificate ;
• Certificate of residence;
• Diploma, professional qualification, training certificate, or any other document attesting to know-how;
• Copy of an identity document (CIN or PC);
• A copy of the eligibility and funding decision, drawn up by ANGEM;
• Copy of the technical and economic study prepared jointly by the promoter and ANGEM, supplemented by the pro forma invoices for the equipment and materials and the estimate for the insurance of the equipment and materials to be acquired, for a period of one year , and/or: Raw materials, goods, an estimate of the development work to be carried out;
• Copy of the CNAS and CASNOS non-affiliation certificates.
• For retired municipal guard officers and the heirs of deceased officers, it is necessary to require, in addition, the notification of retirement or a document justifying the status of the heirs issued by the competent authority.
• The maximum amount of investments provided for by this device is one (01) million dinars
• The amount of the credit may in no case exceed 70% of the cost of the project;
• The amount of the unpaid loan is set at 29%
• The amount of the promoter's personal contribution is set at 1%;
• The amount of the credit may in no case exceed 70% of the cost of the project;
• The amount of the unpaid loan is set at 29%
• The amount of the promoter's personal contribution is set at 1%;
The duration of the bank credit is eight (08) years, including (03) years of deferred repayment of the principal Credit.
The repayment of your loan is made in half-yearly installments.
The current rate is 6.5% increased to 100%, which means that all the interest deducted on the bank loan is borne by ANGEM.
The guarantees required to cover the ANGEM credit risk are as follows:
• The pledge of equipment and materials;
• The rolling stock pledge;
• The delegation of all-risk and/or multi-risk insurance on equipment and materials;
• Membership of the Mutual Guarantee Fund for Micro Credits;
• The use of any other guarantee is excluded.
• The pledge of equipment and materials;
• The rolling stock pledge;
• The delegation of all-risk and/or multi-risk insurance on equipment and materials;
• Membership of the Mutual Guarantee Fund for Micro Credits;
• The use of any other guarantee is excluded.
Yes, the agreement will be notified by mail and the file must be completed by:
• The Guarantee Fund membership contract for the entire duration of the bank loan;
• The receipt for payment of the promoter's personal contribution;
• The transfer of the ANGEM PNR into an account;
• Check pick-up orders;
• A copy of the pro forma invoices or estimates, updated if necessary;
• Copy of the rental lease for a minimum period of two (02) years renewable or deed of ownership in the name of the promoter;
• Copy of the commercial register and/or any other registration document (craftsman's card, etc.) ;
• Copy of certificate of existence or tax card;
• A report of the visit to the place to house the activity drawn up by the ANGEM guide and co-signed by the promoter with the exception of non-sedentary activities.
• The Guarantee Fund membership contract for the entire duration of the bank loan;
• The receipt for payment of the promoter's personal contribution;
• The transfer of the ANGEM PNR into an account;
• Check pick-up orders;
• A copy of the pro forma invoices or estimates, updated if necessary;
• Copy of the rental lease for a minimum period of two (02) years renewable or deed of ownership in the name of the promoter;
• Copy of the commercial register and/or any other registration document (craftsman's card, etc.) ;
• Copy of certificate of existence or tax card;
• A report of the visit to the place to house the activity drawn up by the ANGEM guide and co-signed by the promoter with the exception of non-sedentary activities.