The company supports the activity of small and medium size enterprises (SMEs) and helps them access banking loans.

Most of the loans for the month went to SMEs located in Mount Lebanon which received 41 percent or 50 loan guarantees out of the total, then came SMEs located in the North region which received 24 loan-guarantees, followed by the Bekaa-based SMEs which received 21 loan guarantees or 17 percent of the total figure.

For the month, the industry sector received 52 loan guarantees, the highest share among other sectors; it was followed by the agricultural sector which received 50 loans, and the tourism sector which got 16 loan guarantees or 13 percent of the total granted.

Analysts attribute the advanced activity of Kafalat to the political stability which has encouraged banks to boost lending. Until the end of March, the number of loans guaranteed by Kafalat grew  83 percent to 394 compared to 215 in the first quarter of 2009. The value of the guarantees reached $46.6 million for the period, compared to $29 million a year earlier in the same period.

The agricultural sector received the highest share of total loan guarantees for the quarter; it was granted some 195 in total loan guarantees for the period.  Enterprises in the industrial sector received 147 loan guarantees or 38 percent of the total, and the tourism SMEs were granted 42 total loan guarantees.   

Mount Lebanon received the highest share of 257 loan guarantees , the highest balance among all other districts. The Bekaa region followed with 165 loan guarantees, and the North region received the third largest portion or 88 loan guarantees.