If you are a young project holders, thanks to the NESDA support Programmes, you can benefit from a loan option offered by the CPA.
What is a NESDA loan?
The NESDA loan is a medium-term loan (MTL) intended to finance projects for the creation or expansion of activities related to the production of goods and services, initiated by young project holders under the NESDA programme. The investment cost can reach up to 10 million dinars.
Eligibility terms for a NESDA loan:
- Present a certificate of (1) Eligibility and financing for the creation phase, or (2) conformity for the expansion phase, issued by the National Agency for Entrepreneurship Support and Development (NESDA), this certificate must specify the aid and advantages granted under this programme;
- Provide proof of personal contribution.
Financing terms:
- Investment amount: The planned investment amount under this programme can reach 10 million dinars.
- Financing structure: It includes:
- For idea-driven students and unemployed youth with projects:
- A personal contribution of 05% of the investment amount;
- A non-interest bearing loan from NESDA covering 25% of the investment amount;
- A medium-term bank loan not exceeding 70% of the investment amount.
- For other project holders:
- A personal contribution of 15% of the investment amount;
- A non-interest-bearing loan from NESDA covering 15% of the investment amount;
- A medium-term bank loan not exceeding 70% of the investment amount.
- When projects are carried out in specific zones:
- A personal contribution of 12% of the investment amount;
- A non-interest bearing loan from NESDA covering 18% of the investment amount;
- When projects are carried out in southern regions:
- A personal contribution of 10% of the investment amount;
- A non-interest bearing loan from NESDA covering 20% of the investment amount;
- Loan duration: The duration of the bank loan is six (06) years and six (06) months.
- Repayment period: The repayment period for the loan is five (05) years.
- Deferment period: The deferment period is set at eighteen (18) months.
- Interest rate: The interest rate applied to the MTL/YE is set according to the bank’s general terms and conditions in force.
- Interest rate subsidy: The interest rate is fully 100% subsidized.
- Loan repayment: Repayment is made in semi-annual instalments.
- Loan disbursement: The loan may be disbursed in one (01) instalment or in multiple instalments, depending on the nature of the project.
- Fees and commissions: The applicable fees and commissions are those set out in the General terms and conditions currently in force.
- Required Guarantees:
- The guarantees to be obtained concern only :
- Pledge of equipment and materials,
- Collateral for wheeled equipment;
- Delegation of multi-risk and/or all-risk insurance
- Veterinary certificate for livestock-related activities;
- Maritime mortgage.
- Guarantee from the Mutual Guarantee Risk Coverage Fund / Loans to Young Project Holders.
Loans granted within the framework of the Entrepreneurship Support and Development Programme (NESDA) are guaranteed by this Fund up to 70% of the amount of principal and interest owed.
File constitution:
- A financing application, duly signed and indicating the amount of the requested loan, addressed to the bank and issued by the project holder;
- A registration form containing birth certificate no. 12;
- A residence certificate or card;
- A copy of the degree, professional qualification, training certificate or any other document proving expertise;
- A copy of a valid identity document (national identity card);
- A certificate of eligibility or conformity issued by NESDA;
- A copy of the business plan, along with pro forma invoices and/or cost estimates for potential renovation, organisation or installation of equipment works to be carried out.