Kafalat Basic Loan

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Description

"Eligibility:
- Individuals and companies

CURRENCY:
- Loan available in USD & LBP

MAXIMUM AMOUNT:
- Up to LBP 300M or its equivalent in USD

PERIOD:
- Over 7 years, including a grace period between 6 months and 1 year

Economic Sector:
- Manufacture, agriculture, tourism, handmade manufacture, technology...

Guarantee:
- 75% of the loan amount (from Kafalat Co SAL)

Interest for LBP:
- 100% of yield on 1 year TBs+3%-subsidy provided by BDL.

Interest For USD:
- One year LIBOR + 5.5% - subsidy provided by the Lebanese Central Bank

Additional information:
- The entity's employees must not exceed 40 employees."


Kafalat Basic Loan is available at JTB Bank in Achrafieh, Baalbek, Baalbek, Basta, Bint Jbeil, Bourj El Barajneh, Dora, Ferzol, Ghazieh, Ghobeiry, Hamra, Jbeil, Marjayoun, Mazraa, Nabatieh, Nabatieh, Ouzai, Saida, Tripoli, Tyre, Tyre, Tyre, Tyre, Verdun, Zouk Mosbeh, Baabda, Baalbek, Beirut, Bint Jbeil, Jbeil, Keserwan, Marjayoun, Metn, Nabatieh, Saida, Tripoli, Tyre, Zahle Lebanon

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