Kafalat Basic Programme Overview
Kafalat Basic is the first loan guarantee programme that Kafalat started offering in 2000. This programme offers loan guarantees for fixed asset and working capital financing needs of SMEs. It helps start-ups and existing businesses develop their 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 Basic |
|
Investment Type |
To finance Fixed Assets and Working Capital Needs |
|
Maximum Loan Amount |
LBP 300 Million or c/v in USD or EUR |
|
Loan Duration |
Up to 7 Years |
|
Guarantee Ratio |
75% |
|
Grace Period |
Between six months and one year |
