Kafalat is a Lebanese Joint Stock Company with a
capital of 20 billion Lebanese Pounds, entirely paid.
The company is owned by The National Institute for
the Guarantee of Deposits (75%), and 50 banks
existing in Lebanon (25%).
Kafalat provides financial guarantees for loans granted
by banks operating in Lebanon to small and medium
enterprises engaged in specific economic sectors :
industry, agriculture, tourism, traditional crafts
and high technology.
The conditions are simple and interest on the
loans that Kafalat guarantees are low.