Guarantees for Loans to Small and Medium Enterprises

Does Kafalat cover construction costs?

Mon, 05/13/2013 - 11:56 -- admin

Kafalat covers costs which will enable the project to start operations and generate cash. These costs usually occur during the last phases of the project development, as opposed to construction costs, which occur at the starting phases. However, should the last phases costs necessary for operations be less than the maximum loan amount, part of the construction costs could be financed through the loan guaranteed by Kafalat.