The project will adopt a zoning approach for prioritization, following
the zones defined by the Lebanese Armed Forces.
Grant applications will be assessed on a first-come first-served basis
and based on proximity to the blast area.
Kafalat will progressively announce, through the proper channels
(including website and through participating MFIs), the time to move to
the next zone.
Duration of evaluation is expected to take up to 25
business days from the receipt of the full application
and documents.
Through MFIs – Wholesale Approach
Expression of interest.
Cross-checking with LAF and aid
platforms.
Submission of grant applications and
required documents.
Reviewing applications and verifying
MSE’s eligibility criteria.
Conducting field visits.
Assessing viability and recovery needs.
Selecting MSEs and defining grant amounts
by the selection committee at MFIs.
Disbursement of grants through selected
money transfer operator.
Duration of evaluation is expected to take up to 15
business days from the receipt of the full application
and documents.
Through Kafalat – Retail Approach
Submission of grant applications and
required documents.
Cross-checking with LAF and aid
platforms.
Reviewing applications and verifying
MSE’s eligibility criteria.
Conducting field visits.
Assessing viability and recovery needs.
Selecting MSEs and defining grant amounts
by the selection committee at Kafalat.
Disbursement of grants through BLF.
The B5 Fund is a $25 million Fund, financed by the
Lebanese Financing facility (LFF), a multi-donor trust fund
established in December 2020, and managed by the World Bank. The
Fund aims to pool grant resources and strengthen the coherence and
coordination of financing in support of the immediate
socio-economic recovery of vulnerable people and businesses
impacted by the Port of Beirut explosion of August 4, 2020.