Kafalat Plus Programme Overview
Please note that the Kafalat Plus Programme is currently suspended.
Kafalat Plus Programme is the result of a partnership between the European Union and the Ministry of Economy and Trade of Lebanon (MoET) to help finance new production capacity or sustain current production and employment. This programme offers loan guarantees to existing SMEs and conventional start-ups.
It helps SMEs in their business ideas or activities through facilitating access to finance 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 LBP 600 million. 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 Plus |
|
Investment Type |
To finance Fixed Assets and Working Capital Needs |
|
Maximum Loan Amount |
LBP 600 Million or c/v in USD or EUR |
|
Loan Duration |
Up to 7 Years |
|
Guarantee Ratio |
85% |
|
Grace Period |
Between six months and one year |
