Kafalat Energy

Sustainable energy for your dreams.

IBL Bank brings you three Kafalat Energy loans so you can power your goals. Energize the future with bright plans.

Program A- Energy Efficiency

Adopt or switch to green.

The IBL Bank Kafalat Program A- Energy Efficiency loan is ideal for individuals and companies who want to adoption or switch to sustainable energy so they can ultimately cut down on energy consumption. It’s good for the environment and your pocket in the long run.

Highlights:
  • Maximum Amount: LBP600,000,000 (in LBP only)
  • Eligible Applicants:
    • Individuals
    • Sole proprietorships
    • Simple partnerships
    • Limited Liability Company (SARL)
    • Joint Stock Company (SAL)
    • Cooperatives
    • NGOs
  • Sectors Covered:
    • Industry
    • Agriculture
    • Tourism
    • Crafts
    • High technologies
  • Tenor: Up to 10 years
  • Grace Period: Up to 1 year
  • Kafalat Guarantee: 75%
  • Collateral: Cannot exceed 50% of the loan value
  • Interest Rate: LBP: 1 Year TB + 3% - subsidy rate 4.5% => Actual Effective Rate = 3.85%p.a. (May 2018)
  • Commission: 2.5% Kafalat Commission on the outstanding guaranteed amount to be collected on a yearly basis
  • Conditions:
    • Companies that currently benefit or have already benefited from a Kafalat guarantee in other programs are eligible to benefit from Kafalat Energy
    • Borrower must provide Engineering Design Report and Financial Study for the energy project


Program B – Renewable Energy generation for internal use

Power generation just for you.

The IBL Bank Kafalat Program B- Renewable Energy Generation for Internal Use loan is designed for individuals and companies that want to install a renewable power generation system for their own internal use as a replacement for fossil fuel based electricity. Going green is always worth it.

Characteristics:
  • Maximum Amount: LBP600,000,000 (in LBP only)
  • Eligible Applicants:
    • Individuals
    • Sole proprietorships
    • Simple partnerships
    • Limited Liability Company (SARL)
    • Joint Stock Company (SAL)
    • Cooperatives
    • NGOs
  • Sectors Covered:
    • Industry
    • Agriculture
    • Tourism
    • Crafts
    • High technologies
  • Tenor: Up to 15 years
  • Grace Period: Up to 2 years
  • Kafalat Guarantee: 75%
  • Collateral: Cannot exceed 50% of the loan value
  • Interest Rate: LBP: 1 Year TB + 3% - subsidy rate 4.5% => Actual Effective Rate = 3.85%p.a. (May 2018)
  • Commission: 2.5% Kafalat Commission on the outstanding guaranteed amount to be collected on an annual basis
  • Conditions:
    • Companies that currently benefit or have already benefited from a Kafalat guarantee in other programs are eligible to benefit from Kafalat Energy
    • Borrower must provide Engineering Design Report and Financial Study for the energy project


Program C – Renewable Energy generation for sale to third parties

Share the power of green.

The IBL Bank Kafalat Program C – Renewable Energy Generation for Sale to Third Parties loan is especially for individuals and companies that want to install a renewable power generation system to sell all or part of the electricity produced to others including the public grid. It’s an opportunity to share the power of green energy while lighting up rewarding benefits.

Characteristics:
  • Maximum Amount: LBP 1,320 Million (in LBP only)
  • Eligible Applicants:
    • Individuals
    • Sole proprietorships
    • Simple partnerships
    • Limited Liability Company (SARL)
    • Joint Stock Company (SAL)
    • Cooperatives
    • NGOs
  • Sectors Covered:
    • Industry
    • Agriculture
    • Tourism
    • Crafts
    • High technologies
  • Tenor: Up to 15 years
  • Grace Period: Up to 3 years
  • Kafalat Guarantee: 75%
  • Collateral: Cannot exceed 50% of the loan value
  • Interest Rate: LBP: 1 Year TB + 3% - subsidy rate 4.5% => Actual Effective Rate = 3.85%p.a. (May 2018)
  • Commission: 2.5% Kafalat Commission on the outstanding guaranteed amount to be collected on an annual basis
  • Conditions:
    • Companies that currently benefit or have already benefited from a Kafalat guarantee in other programs are eligible to benefit from Kafalat Energy
    • Borrower must provide Engineering Design Report and Financial Study for the energy project

You may be interested in