DAMANE EXPRESS
Incentive Category : Funding
Description
Operating or investment credit ≤ MMAD1
Organization
Central Garantee Fund (CGF)
Detail
- Short-, medium- and long-term loans inferior or equal to MMAD 1 and unqualified for Damane Intelak.
- Micro-loans below the legal ceiling.
Eligibility
Companies, individuals or legal entities, incorporated under Moroccan law satisfying the following conditions:
▪ Having as purpose or activity the production of goods and/or services;
▪ Having a turnover less than or equal to MMAD 200 (excluding taxes):
-
- For companies in the creation process or operating for less than a year, the selected turnover corresponds to the forecasted turnover for the first fiscal year / current fiscal year;
- For the operating companies, the selected turnover corresponds to the one achieved in the last closed fiscal year.
