Shababi

Shababi is a small loan aimed at fixed and mobile entrepreneurs (young men and women), who aspire to develop their existing projects for at least a year, by covering operating expenses.

Target group

Young people with fixed or mobile projects (of project of at least one year of age).

Age group: 18 to 35 years old.

 

Loan features

Loan amount: commensurate with the needs of the project and a maximum of 8,000,000 Lebanese pounds or its equivalent in US dollars

Loan period: between 6 and 36 months.

Guarantees required: one or more guarantors (employee or entrepreneur), to be determined according to the value of the loan and the duration of the loan.

 

Required documents

Identification documents of the customer (copy of ID card, work attestation, lease / property contract or housing certificate)

Legal documents of the project (lease / property contract, commercial license if any)

Identification documents of the sponsor (a copy of the identity card, a statement of account or a work statement, or the last banknote for the sponsor in the military corps (army, internal security forces, public security).

 

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IBDAA Lebanon launched its operations through its first branch in Beirut, back in July 1st, 2012. After focusing on micro and small entrepreneurs as well as productive women.

IBDAA aims at reaching a big number of clients through partnerships and a network of branches all over the Lebanese territory and a diversified range of loan products, and non-financial services.