Impact of State and Banking Programs on VSEs Development in Morocco: Facilitating Access to Financing

Abstract

This article explores the impact of government and banking programs on the development of Very Small Enterprises (VSEs) in Morocco, focusing on access to finance. The VSE sector represents a significant part of the Moroccan economy but needs help obtaining financing despite its crucial role in job creation and economic development. The research analyzes the effectiveness of government initiatives such as the Damane Express and Intelaka programs and banking partnerships using a methodology based on a questionnaire addressed to VSEs. The results show that, although some programs are widely adopted, access to credit remains limited due to the complexity of administrative procedures, high collateral requirements, and lack of knowledge of available financial products. In addition, VSEs express mixed satisfaction with the effectiveness of government programs and banking partnerships, pointing to the need to improve these initiatives to better meet their specific needs. The study recommends simplifying administrative processes, enhancing transparency, and developing financial products tailored to VSEs to improve their access to finance and foster growth.