Tuesday, January 19, 2016

Loans guaranteed by Kafalat down by 19 percent. Agriculture sector gained the largest share


The number of loans guaranteed by Kafalat declined by a yearly 19 percent to 676 in 2015. The volume of loans reached $93 million, a decrease by more than 14 percent.

The agriculture sector registered the largest share with 47 percent of these loans. "This is due to the increasing range of Kafalat products offered to farmers to finance reforestation, trees and other projects," said Yolla Sarieddine, at Kafalat.

The industry sector came in second, with 34 percent, followed by the t...

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