If the Loan is approved by Bank, is it automatically approved by Kafalat?
No. Kafalat analyses your file independently from the Bank.
No. Kafalat analyses your file independently from the Bank.
Kafalat does not help you prepare a business plan. You can either prepare it yourself, hire a professional to help you prepare it, or get help from the Bank. There is no template to be followed.
First of all, Kafalat does not require any collateral, but the bank may do so in certain programmes. In this case, the collateral can be anything that you and the bank agree to, and do not have to be the plot where the project is set up.
Kafalat does not mortgage the project, or anything else, in return of its guarantee.
Kafalat will not own any shares in your project.
Yes, it is possible
February 28, 2013 -
In an event at the Association des Banques au Liban, gathering representatives from all Lebanese banks, and with the participation from Representative of the Delegation of the European Union to Lebanon, and of the Counsellor of the Minister of Agriculture, Kafalat SAL introduced three new programmes intended to facilitate financing in three fields: Innovation, Agriculture and Energy.
February 3, 2011 -
On the 3rd of Feb, 2011, MIGA (The Multilateral Investment Guarantee Agency, the political risk insurance arm of the World Bank) signed a collaboration agreement with KAFALAT SAL of Lebanon.
May 31, 2013 -
With the launch of the new programme Kafalat Energy which will provide eligible SMEs with guarantees for debt investments in Energy Efficiency and Renewable Energy, Kafalat SAL, with a grant from the AU, has set-up a training programme for dedicated staff of the banking sector.
The Training is intended to strenghten the banking sector's capacity in studying borrowing requests related to Renewable Energy Efficiency. It is delivered by an international energy consultancy, ITPower Ltd.
