Riyadh - Sharikat Mubasher: Saudi Arabia’s Small and Medium Enterprises Loan Guarantee Program (Kafalah) deployed loan guarantees worth over SAR 66 billion during the first half (H1) of 2025, up by 6% compared to the same period of 2024.

According to Kafalah’s business results for H1-205, the number of small and medium-sized enterprises (SMEs) that benefited from the program offerings rose by 10% to reach 3,004 in H1-25.

The program also extended financing valued at over SAR 9 billion in H1-25, marking an 8% year-on-year (YoY) increase.

Riyadh region secured the largest share of deployed financing with 1,219 enterprises receiving SAR 3.9 billion, followed by the Eastern Province and Makkah Province, which secured SAR 2 billion and SAR 1.8 billion, respectively

The growing demand for Kafalah’s services reflects the confidence of entrepreneurs and financing partners in both public and private sectors in the program.

These figures underscore Kafalah’s commitment to accelerate the economic growth in prominent provinces, unlock new and diverse opportunities, and create more jobs in these provinces.