Kafalat Innovative Programme Overview

Kafalat Innovative Programme is the result of a partnership between the European Union and the Ministry of Economy and Trade of Lebanon (MoET) to finance innovative ideas and businesses.

This programme is co-financed by the EU and Kafalat SAL and offers loan guarantees to start-up businesses of less than two years for investments in fixed assets and working capital needs. It helps start-ups in developing their business ideas or activities in 5 different sectors:

  • Industry
  • Agriculture
  • Tourism
  • High Technologies
  • Crafts

 
The size of the loan requested has to reflect the needs of the project to be financed, and could reach a maximum of LBP 300 millions. The value of the Kafalat approved loan will depend on these financial needs as justified in the business plan/feasibility study.

Name of the Programme

Kafalat Innovative

Investment Type

To finance Fixed Assets and Working Capital Needs

Maximum Loan Amount

LBP 300 Millions

Loan Duration

Up to 5 Years

Guarantee Ratio

90%

Grace Period

Between six months and one year