📋 Tender Overview
Project Number
51069
Company Name
KOSOVO RURAL CREDIT LLC
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
CF6E1 - Regional Industry FIG LAC & EUR/FIG EUR1 EU ex-Poland, W Balkans
Industry
Financial Institutions
Sector
Microfinance and Small Business - Non Commercial Banking
Project Description
The proposed investment is an up to EUR10 million senior loan to Kreditimi Rural i Kosoves ( KRK ) under project BOP KRK #51069 ( KRK Loan ) for a tenor of up 3-year with a one-year grace period, will be payable in Euro and booked in one or two commitments. The proceeds from the loans will be earmarked for financing micro and small enterprises, individual entrepreneurs and farmers with special focus to increase KRK’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).
