“Small Projects Fund” announces closure of installment deferral period

The “Kuwait Fund for Small and Medium Enterprise Development” announced today, Sunday, the end of the installment deferral period and the start of resuming the collection of installments due to it, starting from this October.

This vital information came in a post by the fund on its official account on the social media platform “X”.

The Cabinet had agreed, in its meeting on March 19, to postpone the installments due on owners of ‘Small and Medium Enterprises’ that are financed by the Fund, for a period of 6 months, starting from the date of the end of a previous postponement period.

This is part of the Cabinet’s keenness to maintain the financial stability of project owners and enable them to advance and keep pace with changes and challenges.