PROJECT

Projects

Summary of Investment Information

Project Number

51022

Company Name

KEP TRUST

Date SPI Disclosed

May 15, 2025

Country

Kosovo

Region

Europe

Projected Board Date

Jun 16, 2025

Environmental Category

FI-3 - No Impact

Status

Active

Last Updated Date

Aug 13, 2025

Department

Regional Industry FIG LAC & EUR

Industry

Financial Markets

Previous Events

Approved : Jun 16, 2025
Signed : Jul 15, 2025
Invested : Aug 11, 2025

Sector

Microfinance and Small Business - Non Commercial Banking

Additional Project Attributes

Blended Finance

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.

The Project will be included in the FIG MSME Platform which is supported by a pooled first loss guarantee (PFLG) of up to US$40 million provided by International Development Association (IDA) 20 Private Sector Window Blended Finance Facility (IDA-PSW BFF) allocated to the BOP Envelope under the MSME Finance Platform.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation