PROJECT

Projects

Summary of Investment Information

Project Number

51069

Company Name

KREDITIMI RURAL I KOSOVES LLC

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

Jul 8, 2025

Department

CF6E1 - Regional Industry FIG LAC & EUR/FIG EUR1 EU ex-Poland, W Balkans

Industry

Financial Markets

Previous Events

Approved : Jun 16, 2025
Signed : Jun 26, 2025
Invested : Jul 2, 2025

Sector

Microfinance and Small Business - Non Commercial Banking

Additional Project Attributes

Blended Finance

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).

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.

Associated Advisory Engagement

N/A

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation