Any job seeker, attracted by an autonomous activity, endowed with real entrepreneurial capacities and with a good project can benefit from NEF assistance as part of :  

• Self-employment, or
• Micro-enterprise 

This assistance can cover various aspects (feasibility studies, training, financing, advice, follow-up).

To benefit from financing, you must first of all :

• Register with the NEF ( Our Agencies )
• Pass an orientation interview  
• Have an "idea" for a project and entrepreneurial skills

SECTORS OF INTERVENTION

The NEF works in both urban and rural areas, in:

• Activities production
• Service provisions
• Activities distribution

The following items are excluded from NEF programmes :

• Import and direct sale of products
• Transport activities
• Cultural activities

PROCEDURE FOLLOWED BY THE NEF

• Reception of the promoter and its project; Interview with a counsellor;
• Analysis of the project pre-feasibility;
• Pre-selection of the projects presented;
• Preparation of the final study of the projects selected and analysis of profitability.

SELF-EMPLOYMENT FUNDING
(Activity generating only the employment of its promoter)

• Final selection of projects (Credit Committee);
• Training of the promoter in SME/SMI management;
• Financing and installation of the promoter;
• Follow-up of activities;

Conditions for self-employment loan

•  Maximum cost of the project 5.000.000
• Personal contribution (Nature and/or money) 20 per cent
• Maximum duration of the loan 3 years
• Interest on the loan 6 per cent
• Deferment granted according to the activity 3 to 6 months

GUARANTEES REQUESTED
(Compulsory)

• Developer's life insurance
• Fire insurance (depending on activity)
• Pledge of equipment
• Moral guarantee
• Certificate of ownership (agricultural pj.)    

GUARANTEES REQUESTED
(Optional)

•  Land title
• Mortgage
• Term account, etc

MICRO-ENTERPRISES FUNDING
        (Activity generating at least two direct and stable jobs).

• Applications sent to an Employment Counsellor for study, analysis and opinion;
• NEF pre-selection committee: final selection of projects;
• Training of the promoter in SME/SMI management;
• Financing and installation of the promoter by the NEF;
• Follow-up of the promoter by the NEF.

Conditions for microenterprise loan

• Maximum project cost 20.000.000
• Personal contribution 20 per cent
• Maximum duration of the loan 5 years
• Interest on the loan 6
• Deferment granted according to the activity 3 to 12 months

GUARANTEES REQUESTED
(Mandatory)

• Developer's life insurance
• Fire insurance (depending on activity)
• Pledge of equipment
• Mortgage           

GUARANTEES REQUESTED
(Optional)

• Term account, etc
• Down payment
• etc.