What is it?
- A loan offered in collaboration with the Ministry of Agriculture to enable individuals with limited income to benefit from a funding for their agricultural projects
What can you borrow?
- Currency: LBP
- Loan amount: Between LBP 3 million and LBP 25 million
- Interest Rate: competitive
Free Offers from Fransabank
- Exemption from files fees
- Free personal accident insurance
- Free life insurance covering all the loan amount
- Free credit card
Free Offers from the Ministry of Agriculture
- Agriculture and Environmental consultation
- Assistance in the preparation of the action plan and the technical and financial feasibility study on the project
- Laboratory tests (soil, water, crops ...)
- Advice on compliance with quality standards, traceability and labeling
- Guidance in the selection of seeds and seedlings, fertilizers, equipment, irrigation systems and drainage
- Follow-up on projects and their outcomes
How will you repay it?
- Flexible repayment period ranging between 3 and 48 months
- Grace period: 3 months
What are the eligible businesses?
- Planting of fruits and vegetables
- Poultry
- Bee raising and production of honey
- Livestock
- Fishery
- Manufacturing of agricultural products, plant and animal foodstuff
How can you get it?
- Applicant must hold the Lebanese nationality
- Applicant age must range between 21 and 64 years
- Personal guarantee or other guarantees on a case-by-case basis
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