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News & Events

Kafalat SAL Celebrates the Arab Day for Financial Inclusion

On April 27 of each year, the Arab World celebrates Financial Inclusion. Financial Inclusion is the effort of making available all financial services to various segments of society, especially the... more

Kafalat at Beirut Energy Forum 2015 - From 9 To 11 September

Kafalat SAL will be participating in the International Beirut Energy Forum - 2015, at booth # 21. The Bieurt Energy Forum is an annual meeting event for experts and stakeholders in Renewable Energy... more

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

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Partners

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Partners in Co-operation

Industrial Research InstituteMultilateral Investment Guarantee Agency
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Documents Required

Tue, 05/07/2013 - 14:35 -- admin

Documents Required

Required documents related to the borrower:

For Individuals:

  1. Borrower ID and/or Commercial Register.
  2. Recent Central Des Risques report (CDR) from BDL for the borrower and his/her guarantors (report should not be older than three months).
  3. Telephone no.

For Companies:

English

Special Conditions

Tue, 05/07/2013 - 14:30 -- admin

Special Conditions

Kafalat Small Agriculture

The lending bank is not allowed to ask for any collateral from the borrower on top of the Kafalat guarantee.

Kafalat Trees

The lending bank may ask for collateral from the borrower, on top of the Kafalat guarantee.

English

Eligibility

Tue, 05/07/2013 - 14:26 -- admin

Eligibility

Eligible applicants are SMEs with less than 40 registered employees operating in the Agricultural Sector.

Legal Forms

All types of legal economic entities are eligible for Kafalat Agriculture Loans. The borrower may be an individual, a sole proprietorship, a simple partnership, a limited liability company, a joint stock company, a cooperative or an NGO.

The business activity has to take place in Lebanon and be registered as an entity in Lebanon.

English

Characteristics of the Loan

Tue, 05/07/2013 - 14:19 -- admin

Characteristics of the Loan

Kafalat Small Agriculture

Kafalat Small Agriculture guarantees loans with amounts varying between a minimum of LBP four million and a maximum of LBP 65 million.

This programme finances all types of farming and agricultural activities, including fixed assets and working capital needs.

English

Overview

Tue, 05/07/2013 - 14:16 -- admin

Kafalat Agriculture Programme Overview

Kafalat Agriculture is implemented in the framework of the ARDP (Agricultural and Rural Development Programme) funded by the European Union and executed by the Lebanese Ministry of Agriculture, which aims at financing activities related to the agriculture business in all its aspects.

This programme is co-financed by the EU and Kafalat SAL, and responds to special needs raised by activities of small-scale agriculture and tree plantation.

English

Application Flow

Tue, 05/07/2013 - 12:50 -- admin

Application Flow

A Kafalat Innovative loan application may be presented in different ways:

  1. To the bank which will forward the application to Kafalat SAL, once it approves the loan.
  2. Both to the bank and Kafalat Simultaneously.
  3. To Kafalat SAL directly and before establishing contact with commercial banks. Thus, once Kafalat approves the financial viability of the project, it will issue a letter of intent to grant the applicant a guarantee.
English

Cost of the Loan

Tue, 05/07/2013 - 12:13 -- admin

Cost of the Loan

Interest Rates

Kafalat Innovative guaranteed loans may only be granted in Lebanese Pounds. The loan will be charged the following interest rate:

Interest rate = 1 year Lebanese Treasury Bills Yield (TBY’s) + 3%

Subsidy

The interest subsidy is the same for all subsidized loans, currently at 4.5%. The duration of the subsidy will cover the whole duration of a Kafalat Innovative loan guarantee.

English

Documents Required

Tue, 05/07/2013 - 12:10 -- admin

Documents Required

Required documents related to the Start-ups:

  1. Identity Card of the partners and the Commercial Register of the company.
  2. Bylaws of the company indicating the borrowing right on behalf of the company.
  3. Recent Central Des Risques report (CDR) from BDL for the company and its partners.
  4. Telephone no.

Required documents related to the project:

English

Special Conditions

Tue, 05/07/2013 - 12:07 -- admin

Special Conditions

  • The borrower must commit to making a minimum contribution of 10% in equity either in kind (subject to Kafalat’s approval) or in cash towards the cost of the project.
  • Loans may only be approved for the renovation or extension of premises, machinery and equipment, and working capital.
  • Loan applications may be presented simultaneously by the client to the commercial bank and to Kafalat. Kafalat is entitled to issue a Letter of Intent to grant the applicant a guarantee.
English

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kafalat statistics

At 30-06-2017
2 658
active loans in Agriculture
975
active loans in Tourism
2 330
active loans in Industry