Reinforcing Med Microfinance Network System for Start-ups

Lebanon National Mesures – Basatine

Name of responsible organization: AFD
Starting year2021End year2025
Short description  
The four-year project supports farmers and other value chain and associated sector actors in areas of Beqaa and Akkar focused on the production of wheat, cereals, and vegetables, seeking a territorial approach, and promotes linkages with other value chains. Through complementary interventions designed in alignment with the humanitarian-development-peace nexus, the project addresses: o Food insecurity and provides needed income and technical support to farmers to survive this tumultuous time along with access to finance. o Improving the capacity of food systems to maintain employment and growth in the longer term via stronger domestic production and system linkages

What kind of activity does this measure finance?

Creation of new businessesNo
Strengthening of existing businessesYes
Specific investments – specify type (i.e. innovation, research, environmental transition, hiring, internationalization, purchase of goods)Yes: Agri-financing and green farming
Training activitiesYes
Other (specify)Grants

What type of financing is it?

Low-interest loan (indicate the repayment time and, if present, the requirement for collateral)Yes
If Yes, repayment time (years): 24 months If Yes, requirement for collateral: personal guarantee
Non-repayable grant (indicate the percentage of non-repayable fund)Yes
If Yes, percentage of non-repayable fund: 100%
Tax creditNo
Other (specify)No

How does the activation of the measure work?

One-stop means 
Call with closing dateX

Financial entity of the measure (indicate the resources allocated)

Overall amountUSD 14,000,000
% facilitation for each recipientUSD 1,500,000 for access to finance
Minimum amount that can be financedLBP 5,000,000
Maximum amount that can be financedLBP 50,000,000
Origin of financial resources (European, State, Regional authority, Municipal authority, other)AFD

Type of funded social structure (indicate if belonging to a specific category is required in order, to access the measure)

FemaleOver 50Unemployed (specify any type)Disadvantaged groups (specify type)Youth (specify age range)Other (specify)

Does the measure provide for accompaniment and training or only financial support?

Financial support + accompaniment/trainingYes
Only Financial support

Is the measure considered a good practice and as such replicable in other national and / or international contexts?

YESGood practice for farmers

How many initiatives have been financed in the last 3 years and for what economic amount?

Number of initiatives Not started yetTotal economic amount Not started yet
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