Intelaka (انطلاقة) — Microenterprise Loan Guarantee

Intelaka (انطلاقة) — Microenterprise Loan Guarantee

Backs Moroccan youth, graduates, and rural entrepreneurs through Intelaka with subsidised low interest loans and high guarantee coverage.

Intelaka (انطلاقة, meaning 'launch' in Arabic) is a royal national entrepreneurship initiative launched in January 2020 by King Mohammed VI of Morocco. The programme provides subsidised concessional loans through Tamwilcom-guaranteed bank credit at 1.75–2% annual interest with 80% guarantee coverage, targeting Moroccan youth, vocational graduates, and rural entrepreneurs who lack the collateral or credit history to access conventional bank financing. By end 2025, Intelaka had financed more than 40,000 microenterprises with a 65% acceptance rate. The initial financing envelope was 8 billion MAD (2020–2022); a complementary 6 billion MAD envelope covers 2023–2026.

The programme has three distinct tracks. Damane Intelak Urban targets young people in municipalities above 10,000 inhabitants, with loans up to 1 million MAD at 2% interest over a maximum of seven years, with up to a two-year repayment deferral possible. Damane Intelak Al Moustatmir is reserved for graduates of OFPPT vocational programmes, ANAPEC beneficiaries, or unemployed degree holders, with loans up to 1.2 million MAD at 2%. Damane Intelak Rural serves entrepreneurs in communes below 10,000 inhabitants and rural areas, with loans up to 1.2 million MAD at 1.75%, with priority given to agriculture, rural crafts, rural tourism, and proximity services.

Eligible applicants are Moroccan-registered individuals and for-profit micro or small enterprises. Applications are submitted through participating Moroccan banks, which assess business viability and forward approved requests to Tamwilcom for guarantee activation. The rural track's lower interest rate (1.75%) reflects the programme's priority for agricultural and proximity-service entrepreneurs.