Kafalat Innovative Programme Overview
Please note that the Kafalat Innovative Programme is currently suspended.
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 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 Innovative |
|
Investment Type |
To finance Fixed Assets and Working Capital Needs |
|
Maximum Loan Amount |
LBP 300 Million |
|
Loan Duration |
Up to 5 Years |
|
Guarantee Ratio |
90% |
|
Grace Period |
Between six months and one year |
