دور آلية ضمان القروض في دعم وإنشاء المؤسسات الصغيرة والمتوسطة في الجزائر

Abstract

This article aims to highlight the role of loan guarantee funds as a mechanism in order to
contribute to alleviating the problem of financing SMEs. Algeria has established several funds
in line with the nature of this type of institutions, namely: the Loan Guarantee Fund for Small
and Medium Enterprises (FGAR). Guaranteeing loans for investments of small and medium
enterprises (CGCI-PME), the study found that these two funds have contributed significantly
to support these institutions, where the first fund provided guarantees coverage amounted to
9.94 billion DA, while the second fund provided guarantees worth more than 66.4 billion DA.