Lebanon offers a mix of projects involving financing and loans for the creation and strengthening of businesses, with the goal of supporting self-employment. Among these measures we find the South Bic, mainly aimed at young entrepreneurs, the Microcredit Program and the DPNA, both microfinance measures; the Lee Experience, for digital acceleration and EDF, which includes grants and mentoring destined to promising business plans. Then the B5FUND, a local measure including a fund dedicated to small and medium enterprises, which aims to give support to the restart of businesses in the Beirut area hit by the explosion of 2020.
LEBANON | |||||||||||||||
NAME | AEP- Microloans : business loans | AEP- Microloans : personal loans | AEP- Microloans : Subsidized loans for farmers | AEP- Microloans : Subsidized loans for women entrepreneurs | 3RF – Worldbank B5 Fund | LINKED | BASATINE | Support to MSMEs | Business Incubation Association in Tripoli – BIAT | Lebanese Development Cooperative | Development for People and Nature Association (DPNA) | EDF | LEE | MicroCredit Program | South BIC |
NATIONAL MEASURE | X | X | X | X | X | X | |||||||||
LOCAL MEASURE | X | X | X | X | X | X | X | X | X | ||||||
FINANCED ACTIVITY | Creation and strengthening of new/existing businesses | Personal loan not conditioned but the purpose should be mentioned in the loan application along with a supporting document (Pay rental fees, schooling, buy new car etc.) | All kind of investment in agribusiness | Creation and strengthening of new/existing businesses | Strengthening of existing businesses | Creation and strengthening of new/existing businesses | Strengthening of existing businesses (agri-industries and green farming) | Strengthening of existing businesses | Creation and strengthening of new/existing businesses | Creation and strengthening of new/existing businesses | “Creation of new businesses + Strengthening of existing businesses + Training activities” | “Creation of new businesses + Strengthening of existing businesses + Training activities” | Creation of new businesses + Strengthening of existing businesses + Training activities | “Creation of new businesses + Strengthening of existing businesses + Training activities” | |
TYPE OF FINANCING | Low-interest loan (with collaterals + repayment up to 3 years) | Low-interest loan (with collaterals + repayment up to 2 years) | Low-interest loan (with collaterals + repayment up to 2 years) | Low-interest loan (with collaterals + repayment up to 2 years) | Non-repayable grant | Low-interest loan (with collaterals + repayment up to 2 years) + Non-repayable grant | Low-interest loan ( with collaterals + repayment up to 2 years) + Non-repayable grant | Low-interest loan + Non-repayable grant | Non-repayable grant | Low-interest loan (with collaterals + repayment up to 6 years) | Non-repayable grant | Non-repayable grant | Low-interest loan (with collaterals + repayment up to 3 years) | Non-repayable grant | |
ACTIVATION | on-going | on-going | call with deadline | call with deadline | call with deadline | call with deadline | call with deadline | call with deadline | call with deadline | One-stop shop | Call with deadline | Call with deadline | |||
FINANCEABLE AMOUNT | 1.867.000.000 LBP (1.919.068 USD) | 15.000.000 LBP | 20.000.000 LBP | 20.000.000 LBP | 100 – 10,000$ | 500 – 800$ | 5,000 – 50,000 LBP | 2000 – 15000$ | Depends on the project, beneficiaries receive different support and different financing based on the project we are implementing | 1,000 – 20,000$ | 200- 50000$ | 2 MILLION LBP to 120 MILLION LBP | |||
TYPE OF SOCIAL STRUCTURE | All | All | All | All | Individual entrepreneurs/MSME’s | ALL | |||||||||
TYPE OF SUPPORT | Financial support + accompaniment/training | Only Financial support | Only Financial support | Only Financial support | Only Financial support | Financial support + accompaniment/training | Financial support + accompaniment/training | Financial support + accompaniment/training | Financial support + accompaniment/training | Only Financial support | Financial support + accompaniment/training | Financial support + accompaniment/training | Only Financial support | Financial support + accompaniment/training | |
FINANCED INITIATIVES OVER THE LAST 3 Y | 809 | 28 | 35 | 40 | 437 | 300 | not started | 87 | 10 | 336 (2017-2019) | 89 | 390 | 6000 | 981 |