The role of the loan guarantee mechanism in supporting and establishing SMEs in Algeria

Journal Title: UNKNOWN - Year 2019, Vol 5, Issue 0

Abstract

This article aims to highlight the role of loan guarantee funds as a mechanism in order to contribute to alleviating the problem of financing SMEs. Algeria has established several funds in line with the nature of this type of institutions, namely: the Loan Guarantee Fund for Small and Medium Enterprises (FGAR). Guaranteeing loans for investments of small and medium enterprises (CGCI-PME), the study found that these two funds have contributed significantly to support these institutions, where the first fund provided guarantees coverage amounted to 9.94 billion DA, while the second fund provided guarantees worth more than 66.4 billion DA.

Authors and Affiliations

ISSA HIJAB, Faouzi BOUSSEDRA, BOUKHRIS abdelhafid

Keywords

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  • EP ID EP663145
  • DOI 10.5281/zenodo.3519895
  • Views 62
  • Downloads 0

How To Cite

ISSA HIJAB, Faouzi BOUSSEDRA, BOUKHRIS abdelhafid (2019). The role of the loan guarantee mechanism in supporting and establishing SMEs in Algeria. UNKNOWN, 5(0), 57-77. https://europub.co.uk/articles/-A-663145