Kafalat
What is it?
- Target: small to medium sized businesses
- Purpose: finance new projects or expand existing businesses
- Company’s size: with up to 40 employees
- Targeted Sectors: agriculture, apiculture, industry, handicrafts, tourism and high-technology sectors
What does it cover?
- Purchase of machinery
- Completion of construction costs
- Installation & rehabilitation of sites
- Working capital (purchase of material)
- Expenses linked to business development
What are you borrowing?
|
Product |
Beneficiaries |
Guarantee up to |
Max. Loan Amount
|
Max. Loan Tenor
|
|
KAFALAT Basic |
Individual, Sole Proprietorship, SARL,SAL,SNC & SCS
|
75% |
LBP 300 million |
7 years |
|
KAFALAT Plus
|
SARL & SAL
|
85% |
LBP 600 million
|
7 years |
|
KAFALAT Innovative
|
Start-Up SAL & SARL |
90% |
LBP 300 million
|
5 years |
Any other benefits?
- Interest Rate: 40% of 1 Year Lebanese Treasury Bills + 3%. The interest rate is subsidized by BDL and is currently 0%
- Commission: a yearly fee of 2.5% only of the guaranteed amount for Kafalat
- Grace period of 6 to 12 months
|
|
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