What legal status must the Kafalat Basic loan guarantee applicant have?
• Kafalat Basic loan guarantees are given to all types of legal entities.
The borrower can be an individual, a personal company, a simple partnership, a limited
liability companies, a joint stock company, or a cooperative.
• The business venture can be an existing one or a start-up.
• The borrower does not have to be Lebanese, but the business activity has to take
place in Lebanon and must be registered as an entity in Lebanon. It should create
value added for the Lebanese economy. As such, non-Lebanese businesses, non-
Lebanese individuals or Lebanese expatriates are encouraged to use this service.