Guarantees for Loans to Small and Medium Enterprises
industry
agriculture
tourism
crafts
technology
industry
agriculture
tourism
crafts
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We help SMEs access funding
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News & Events

Kafalat launches three new programmes

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... more

MIGA collaboration agreement with KAFALAT

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... more

Energy Training sessions for Banking Staff

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... more

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Partners

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Partners in Co-operation

Industrial Research InstituteMultilateral Investment Guarantee Agency
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What does Kafalat do?

Mon, 05/13/2013 - 12:01 -- admin

Kafalat guarantees loans that are given by banks operating in Lebanon to finance projects in one of the five subsidized sectors: Industry, Agriculture, Tourism, High Technology and Traditional Crafts. Kafalat does NOT grant loans.

English

If my Work is one of the following, is it eligible for Kafalat?

Mon, 05/13/2013 - 12:00 -- admin

If your work is a profession such as a barber, a dentist, a mechanic, a plumber, etc. it is not eligible for Kafalat.
If it is a craft, such as a carpenter, a blacksmith, a shoemaker, etc. then it is eligible for Kafalat.
If your work is a service such as a gas station, a laundry, a supermarket, a beauty parlour, a car rental agency, or a learning institute, it is not eligible for Kafalat.

English

Does Kafalat cover construction costs?

Mon, 05/13/2013 - 11:56 -- admin

Kafalat covers costs which will enable the project to start operations and generate cash. These costs usually occur during the last phases of the project development, as opposed to construction costs, which occur at the starting phases. However, should the last phases costs necessary for operations be less than the maximum loan amount, part of the construction costs could be financed through the loan guaranteed by Kafalat.

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Application Flow

Tue, 05/07/2013 - 14:41 -- admin

Application Flow

The borrower has first to approach a bank to present the project to be financed by the loan.

Once the bank has accepted the loan application, it submits this application to Kafalat. In addition to bank loan documents, Kafalat requires a completed loan guarantee application form as well as its own set of supporting documents.

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Cost of the Loan

Tue, 05/07/2013 - 14:39 -- admin

Cost of the Loan

Interest

Kafalat Agriculture guaranteed loans may be granted in either Lebanese Pounds or US Dollars, or any other foreign currency.

Loans taken in Lebanese Pounds (LBP) will be charged the following interest rate:

First 7 years

Beyond 7 years

40% of the 1 year Lebanese Treasury Bills Yield (TBY’s) + 3%

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kafalat statistics

At 31-12-2013
2 704
active loans in Industry
2 624
active loans in Agriculture
1 083
active loans in Tourism

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