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A program implemented following the High Royal Directives.

Extract from the Royal speech at opening October session of the parliament on October 12, 2018.

“ … We therefore recommend that we build on what has been accomplished in the agricultural sector and create more employment and income-generating opportunities, especially for youths in rural areas.
Our aim is to establish and consolidate a rural middle class and to make sure it plays a balancing role and serves as a lever for the achievement of economic and social development …”

Extract from the Royal speech at opening October session of the parliament on October 11, 2019

«…Therefore, we urge the Government and Bank Al-Maghrib, in coordination with the Moroccan Banks Professional Group, to focus on the development of a special program to support young graduates, to finance self-employment projects… »

IESFP implementation agreements

Dating for its launch, Three agreements on the implementation of the “Integrated Entrepreneurship Support and Financing Program (IESFP)» have been concluded before His Majesty on January 27, 2020.

Financing entrepreneurship

Agreement concluded between the Ministry of Economy, Finance, Bank Al-Maghrib and the Moroccan Banks Professional Group for funding entrepreneurship.

Entrepreneurship support and assistance actions at the regional level

Agreement on the coordination of entrepreneurship support and assistance in the regions.

Financial inclusion of the rural communities

Partnership agreement between Crédit Agricole du Maroc and Al Barid Bank on the financial inclusion of the rural communities.

Objectives and context of the program

Enabling access to finance

To young people project holders / VSME / export companies

Reduce loan costs and improve guarantee conditions

(removal of personal loans)

Support project holders

And facilitate the processes

Key figures

Funding envelope established, of which BMAD 3 by the State, BMAD 3 by the banking sector, and BMAD 2 by the Hassan II
0 years
Duration of the program financing
Businesses to support/year
New jobs to be generated/year

Financing products

3 financing offers for your various needs :

Target of the program

Young graduates project holders
Self-employed /Individual entrepreneurs
VSE and Exporting VSE including merchants
Individual Farmers and Farm operators
Individual entrepreneurs and VSEs in the rural areas

Eligibility criteria

All the sectors

Excluding real estate development

Duration <= 5 years

(Not applicable for companies exporting to Africa and for innovative farms)

Annual turnover

Less than or equal to MMAD10 MDH

Regional committee for support and monitoring of the Integrated Entrepreneurship Support and Financing Program (IESFP)»




  • GCF
  • MBPG
  • GCMC


At least once per month, and as many times as necessary


  • Coordinating and monitoring the implementation of measures at regional level for facilitating access to bank financing for project holders and SMEs
  • Monitor the implementation of information and awareness-raising actions on the support system for project leaders
  • Identify experts' networks in charge of providing technical assistance to project holders (project development and legal assistance etc).
  • Identify partners for projects incubation
  • Make proposals to simplify procedures and digitalize them
  • Monitor the implementation of the action program to strengthen the support system and draw up periodic reports

Review of achievements

Following one year of implementation of the PIAFE and the High Directives of His Majesty King Mohammed VI, may God assist him, the regional committee of accompaniment and follow-up of this program has drawn up a report on the achievements in terms of financing and accompaniment. The efforts made by the partners of the program, including the RIC, have enabled Fez-Meknes to reach the Top 3 regions in terms of funding “INTELAKA” project.

Companies benefiting from the IESFP program (i.e. an increase of +55% compared to the end of December 2020)
500 MMAD
Cumulative amount validated by the GCF (i.e. +67% compared to the end of December 2020)
1 rd
Position in terms of amounts disbursed at the national level
0 %
Amounts granted for the financing of the investment cycle

Review at the end of May 2021

AFWAJ, the first comprehensive support program in the Fez-Meknes region

The IRC Fez-Meknes in partnership with the National Agency for the Promotion of Employment and Skills (ANAPEC), the Business Creation Foundation of the Banque Populaire Group (BCFBPG) and the Regional Banque Populaire of Fez-Meknes (RBP), proceeded to the effective launch on April 23, 2021 of “AFWAJ”, the first comprehensive program of support for project holders in the Region of Fez-Meknes.

AFWAJ reinforces the existing support system in the context of the Integrated Entrepreneurship Support and Financing Program (IESFP) launched following the very High Directives of His Majesty King Mohammed VI, may God assist him, aiming in particular at facilitating access to financing, reducing loan costs and simplifying procedures.

It offers beneficiaries support during the entire project phase, from the project idea development up to the financing application, including training on entrepreneurship, assistance in preparing the business plan and assistance in the business creation process. This new program is part of a proactive approach where the support actors go to meet the project holders at the level of the nine prefectures and provinces of Fez-Meknes region.

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