Kafalat’s support to SMEs grows

The company guarantees 134 loans worth $16 million in January

The number of guarantees rose 139 percent from last year, while their value inched up more than a 100 percent.

The agricultural and industrial sectors received 44 percent of the guarantees, followed by the tourism sector which received eight percent of the total.

Mount Lebanon got nearly 39 percent of the guarantees while the North region got a 17 percent share.