Who are the eligible beneficiaries?

Any company incorporated under Moroccan law that meets at least one of the following three eligibility criteria:

• Women-owned or women-led businesses: Companies whose share capital is majority-owned by one or more women, or whose management (General Management, Managing Director, or Chairperson of the Management Board) is held by a woman.
• Investments by Moroccans Living Abroad (MLAs): Companies whose share capital is majority-owned by one or more Moroccan investors residing abroad.
• Green enterprises and projects: Financing of tangible and intangible assets, technical equipment and facilities, and buildings.

What are the terms and conditions of the joint financing facility?

• TAMWILCOM's interest rate: Fixed at 2% per annum, excluding VAT.
• Bank financing interest rate: Freely negotiable between the partner financial institution and the project owner.
• Financing tenor: To be mutually agreed upon between the partner financial institution and the project owner.
• Collateral and security: Collateral benefits both TAMWILCOM and the bank, in proportion to their respective financing shares.

What are the project financing arrangements?

Investment programmes will be financed according to the following structure:

• TAMWILCOM's contribution: Up to MAD 15 million, without exceeding the bank's contribution.
• Equity and/or self-financing: Amount to be agreed upon between the bank and the project owner.
• Bank's contribution: Financing of the remaining balance of the project's total financing plan.

Which sectors are eligible?

All business sectors are eligible, with the exception of real estate development and deep-sea fishing.

Who is eligible and which sectors are covered?

All sectors are covered. The loan is available to enterprises incorporated under Moroccan law, whether natural or legal persons, whose activities involve the production of goods or services, and that have received an investment loan of up to MAD 300,000, guaranteed under Damane Intelak or Intelak Al Moustatmir Al Qarawi, within the Intelaka programme.

What financing is covered, how long does it last, and what does it cost?

Start-TPE is a loan for working capital financing, granted at up to 20% of the guaranteed investment loan amount, capped at MAD 50,000. It carries zero interest, no commission, and no security requirement, and is repayable in a single instalment after a grace period of up to five years.

What is the risk ceiling?

The Start-TPE loan is capped at MAD 50,000 per enterprise, with each enterprise eligible only once.

How long does it take and how do I apply?

Applications are processed directly by the bank through an electronic data exchange. Requests are submitted through the bank that issued the guaranteed investment loan under the Intelaka programme.

Who is eligible and which sectors are covered?

Damane Intelak is open to enterprises incorporated under Moroccan law, whether natural or legal persons, whose activity involves the production of goods or services, and meeting the following conditions:

• Established no more than five years prior to the loan application. This condition is waived for enterprises exporting to Africa.
• Annual turnover of MAD 10 million or less, excluding tax. All sectors qualify, with the sole exception of real estate promotion and deep-sea fishing.

What financing is covered, how long does the guarantee last, and what does it cost?

Damane Intelak covers short, medium, and long-term bank loans up to MAD 1.2 million, as well as honor loans up to MAD 300,000. For operating loans, the guarantee remains valid for 18 months in the event of non-renewal. The guarantee is granted free of charge, with no commission applied.

What is the risk ceiling?

The risk ceiling is capped at MAD 1.2 million per enterprise, across all outstanding facilities combined.

How long does it take and how do I apply?

Applications are processed directly by the lending institutions through an electronic data exchange, in accordance with the terms agreed with each establishment. Guarantee requests are submitted through the partner financial institution of your choice, which is responsible for compiling and forwarding the file.

Who is eligible and which sectors are covered?

Damane Express is open to any enterprise incorporated under Moroccan law whose activity involves the production of goods or services. 

All sectors qualify, with the sole exception of real estate promotion and deep-sea fishing.

What financing is covered, how long does the guarantee last, and what does it cost?

Damane Express covers short, medium, and long-term bank loans, leasing facilities up to MAD 1 million, and honour loans up to MAD 300,000. For short-term loans, the guarantee remains valid for 18 months from the date of issue if not renewed. 

The commission is set at 0.5% excluding tax on issuance and renewal for short-term loans of 12 months or less, and at a flat rate of 1.5% excluding tax for medium and long-term loans, leasing facilities, and honour loans, with a minimum of MAD 200 excluding tax per transaction.

What is the risk ceiling?

The risk ceiling is capped at MAD 2 million per enterprise and per lending institution.

How long does it take and how do I apply?

Damane Express guarantees applications are processed within 48 hours through a secure electronic data exchange. Applications are submitted through the borrower's bank, leasing company, or an accredited association, which is responsible for compiling the file and forwarding it to TAMWILCOM.

Who is eligible and which sectors are covered?

Damane Intelak Al Moustatmir Al Qarawi is open to enterprises incorporated under Moroccan law, whether natural or legal persons, whose activity involves the production of goods or services in rural areas, and that meet the following conditions:

• Established no more than five years prior to the loan application. This condition is waived for enterprises exporting to Africa and small-scale farming operations.
• Annual turnover of MAD 10 million or less, excluding tax. 

All sectors qualify, with the sole exception of real estate promotion and deep-sea fishing.

What financing is covered, how long does the guarantee last, and what does it cost?

Damane Intelak Al Moustatmir Al Qarawi covers short, medium, and long-term bank loans up to MAD 1.2 million. For operating loans, the guarantee remains valid for 18 months in the event of non-renewal. The guarantee is granted free of charge, with no commission applied.

What is the risk ceiling?

The risk ceiling is capped at MAD 1.2 million per enterprise, across all outstanding facilities combined.

How long does it take and how do I apply?

Applications are processed directly by partner financial institutions through an electronic data exchange, in accordance with the terms agreed with each establishment. Guarantee requests are submitted through the partner financial institution of your choice, which is responsible for compiling and forwarding the file.