loan program

Development Fund announces loan program for young entrepreneurs with 1 billion dinars in funding

The Development Fund has announced a public call for the allocation of loans to young entrepreneurs, with a total value of one billion dinars. According to the announcement, loans of up to five million dinars are offered with an annual interest rate of 1.5%, including a currency clause, or at an interest rate of 1% with the submission of a bank guarantee. The loan repayment period is 78 months, including a grace period of 18 months. There are no processing…