📋 Tender Overview
Project Number
51022
Company Name
KEP TRUST
Date SPI Disclosed
May 15, 2025
Country
Kosovo
Region
Europe
Projected Board Date
Jun 12, 2025
Environmental Category
FI-3
Status
Pending Approval
Last Updated Date
Department
Regional Industry FIG LAC & EUR
Industry
Financial Institutions
Sector
Microfinance and Small Business - Non Commercial Banking
Project Description
The proposed investment is an up to EUR15 million senior loan to KEP Trust (KEP) under project BOP KEP #51022 (KEP Loan) for a tenor of up 3-year with a one-year grace period, payable in Euro and booked in two commitments. The proceeds from the loan will be earmarked for financing micro and small enterprises, individual entrepreneurs and farmers with special focus to increase KEP's lending operations to farmers and enterprises in the agriculture sector, agricultural farms and agri-processing companies. At least 50% of the loans will be earmarked to climate smart agri and other climate related projects and at least 25% of the loans will be earmarked to financing women borrowers.
