RIYADH: The Small and Medium Enterprises Loan Guarantee Program, known as Kafalah, in collaboration with the Riyadh Chamber, will hold interactive sessions on July 15 to mark World Youth Skills Day.
The initiative aims to raise awareness and develop entrepreneurial skills among youth, entrepreneurs and SMEs, the Saudi Press Agency reported on Wednesday.
The sessions will cover key topics to boost youth contributions to national economic development, in line with the Kingdom’s Vision 2030 reform plan.
Focus areas include access to finance, building administrative and financial capabilities, enhancing SME sustainability, and turning ideas into viable projects.
These sessions highlight the collaboration between entities supporting the SME sector in the Kingdom, the SPA added.
The Kafalah program and Riyadh Chamber aim to foster youth growth and strengthen their role in the national economy.
Kafalah supports micro, small and medium enterprises by providing financial guarantees, improving their access to financing and reducing lending risks for banks.
