SOLAR HEATERS LOAN AT 0% INTEREST

Further to the Lebanese government decision No. 59-10, March 2010, you can now profit from Solar Heater Loan with 0% interet rate up to 5 years loan period.

Loan advantages:

1. * No down payment required,
2. * $200* subsidy will be offered by the Ministry of Energy and Water if the solar heater is approved by the Lebanese Center for Energy Conservation (L.C.E.C.).

Applicant’s eligibility criteria:

1. * Nationality: Lebanese,
2. * Age: 21 – 64 (at loan submission),
3. * Occupation: the applicant should be:
   • an employee with a steady job and income for more than 18 months,
   • a self-employed with a minimum 3-year work experience in the same field.
4. * Minimum required monthly income:
   • LBP 1,200,000 or the counter value for employees,
   • LBP 2,500,000 or the counter value for self-employed.
5. * Monthly payments: maximum 33% of the monthly income for employees and self-employed.