- agency
- Kafalah - non-profit government initiative (established 2006); operates through lenders licensed by the Saudi Central Bank (SAMA); associated with Monsha'at SME ecosystem
- amount
- Guarantee coverage up to 90% of financing in strategic sectors (e.g., tourism and entertainment) versus 80% or less in traditional commercial sectors; individual financing guarantees reported ranging SAR 2.5 million to SAR 15 million. Portfolio reached SAR 123 billion (~$23.8bn) with guarantees totaling over SAR 80 billion (~$21.3bn); provided SAR 13.9 billion in loan guarantees in 2024.
- country
- Saudi Arabia
- deadline or recurrence
- Ongoing/recurring program
- eligibility
- SMEs (including first-time founders) that lack traditional collateral; guarantees provided to banks/lenders to de-risk lending to small businesses.