SHABABI

Shababi is a small loan which targets youth fixed and mobile businesses (Male and Female) which are established for one year and above, who are looking to grow their business.

 

Target group:

  • Youth owners of mobile or fixed business.
  • Age Group Target: Between 18 and 35 years old.

 

Loan features:

  • Currency: Lebanese pound
  • Loan Amount: suits the project needs, maximum amount 7,500,000 Lebanese pounds.
  • The applicant will get the help of experts specialized in giving the training to help him building up capacity (Management, marketing, and financial studies)
  • Repayment period: between 6 and 24 months
  • Guarantees: One or many guarantors (and employee or a business owner) depending on the loan amount and period.

 

Required documents:

  • Documents related to the applicant and the guarantor (Copy of ID Card, certificate of employment, Lease, Proof of Residence)
  • Legal documents related to the project of the applicant and the guarantor (project or employment letter).
  • Documents related to the loan use.