Innovative Finance In Lebanon To Leverage SMEs Recovery
Lebanon has been subjected to multiple crises since 2019, with the Covid-19 pandemic and the 2020 Beirut port explosion further exacerbating its financial and economic decline. This decline has had a huge impact on Small and Medium-sized Enterprises (SMEs), in particular their ability to access finance.
As part of a consortium assembled by Broadpeak and funded by KfW, Expectation State is supporting a Feasibility Study focused on innovative finance in Lebanon.
This will assess four potential financing mechanisms that have been identified by KfW, analysing their feasibility to support the Lebanese private sector. These mechanisms include: 1) Loans to selected SMEs, 2) Grant schemes, 3) An MSME Guarantee Platform, and 4) Equity or venture capital funds, as well as additional creative solutions to address financing needs.