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ANGEM grants up to DZD 1,000,000 in interest-free loans for this type of project: details

The Director General of the National Microcredit Management Agency (ANGEM), Souad Ben Djamil, has announced the launch of a program aimed at creating a thousand micro-enterprises dedicated to the collection and recycling of plastic waste. This program is designed to fund thousands of young people without a stable income, granting them loans worth one hundred million centimes (1 million Algerian dinars) in this field.

Algeria Invest

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As part of efforts to promote the green economy, an innovative initiative is providing interest-free loans in the form of tricycles for collecting plastic waste. Intended for 1,000 young people aged 18 and over, this operation aims to facilitate the creation of eco-friendly micro-enterprises while ensuring stable and regulated activity. Beneficiaries will undergo specialized training in recycling, business management, and financial education before being connected with recycling companies to sell their waste collections.

This project is being carried out in coordination with the Ministries of Environment, Vocational Training, and Knowledge Economy, reflecting the desire to support young people with ideas in the field of sustainable development. The goal is to guarantee beneficiaries' professional integration in a secure environment, while contributing to environmental preservation and the recovery of plastic waste.

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ANGEM grants up to DZD 1,000,000 in interest-free loans for this type of project: details

Algeria Invest

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