by James Stevenson -

MICROCAPITAL BRIEF: EBRD Loans $4.4m to KEP Trust of Kosovo with Focus on Rural, Women-led MSMEs

KEP Trust, a microfinance institution based in Kosovo, recently agreed to borrow up to EUR 4 million (USD 4.4 million) from the multilateral European Bank for Reconstruction and Development (EBRD). KEP Trust plans to

by Rohit Dayanand -

MICROCAPITAL BRIEF: KosInvest Borrows $650k from Grameen Crédit Agricole for Microfinance in Kosovo

The Grameen Crédit Agricole Foundation, a Luxembourg-based investor in social businesses, recently issued a two-year loan of EUR 600,000 (USD 660,000) to KosInvest, a Kosovo-based microfinance institution (MFI) affiliated with the US-based Christian NGO World Vision. KosInvest provides microinsurance as well as loans designed for purposes such as

by Sheen Gupta -

MICROCAPITAL BRIEF: EBRD Loans $3.1m to KRK of Kosovo for Microfinance, Especially for Women Entrepreneurs

The European Bank for Reconstruction and Development (EBRD), a multilateral development finance institution, recently provided loan funds totaling EUR 3 million (USD 3.14 million) to Kreditimi Rural i Kosoves (KRK), a microfinance firm in Kosovo. The government of Sweden is supporting the loan with an unspecified amount of funding for grants and technical assistance. Of the loan package, one third is slated for women-owned businesses. The other portion

by Hasnat Aslam -

MICROCAPITAL BRIEF: Impact Asset Management Loans $11m from Dual Return Microfinance Funds to MFIs in East Timor, Ecuador, Kosovo, Nicaragua

Impact Asset Management (I-AM), a member of the Austria-based C-Quadrat Investment Group, recently disbursed loans from Vision Microfinance and Vision Microfinance Local Currency, the two sub-funds of the Dual Return Fund family, that total the equivalent of

by Harriet Ritchie -

MICROCAPITAL BRIEF: Grameen Credit Agricole Foundation Lends $4.6m to Agency for Finance in Kosovo (AFK), Microinvest of Moldova, Monte Credit of Montenegro

The Grameen Credit Agricole (GCA) Foundation, whose head office is in Luxembourg, has informed MicroCapital that it is disbursing loans to: (1) Agency for Finance in Kosovo (AFK) in the amount of EUR 1.5 million (USD 1.8 million); (2) Moldova-based Microinvest in local currency approximately

by Arin Atluri -

MICROCAPITAL BRIEF: Microfinance Institution Kreditimi Rural i Kosoves (KRK) Borrows $2.3m from EBRD for Green Housing Loans


Kreditimi Rural i Kosoves (KRK), a microfinance firm in Kosovo, recently accepted an unsecured loan of up to EUR 2 million (USD 2.3 million) from the UK-based European Bank for Reconstruction and Development’s (EBRD’s) Western Balkans Green Economy Financing Facility II (WB GEFF II). KRK plans to on-lend the funds for

by Eugene DeCosse -

MICROCAPITAL BRIEF: Invest in Visions’ IIV Mikrofinanzfonds Lends $2m to Kosovo Enterprise Program (KEP) Trust for Microfinance Lending

Germany-based Invest in Visions (IIV) recently announced that it has disbursed a loan of EUR 2 million (USD 2.26 million) to the Kosovo Enterprise Program (KEP) Trust from IIV Mikrofinanzfonds, a microfinance investment vehicle that is active in developing countries. During June 2019, IIV also invested in

by Michelle Fleming -

MICROCAPITAL BRIEF: EBRD to Lend $5.7m to Banka per Biznes (BPB) for On-Lending to SMEs in Kosovo

Under its “Kosovo SME Competitiveness Support Programme,” the UK-based European Bank for Reconstruction and Development (EBRD) recently agreed to provide a loan of EUR 5 million (USD 5.7 million) to Banka per Biznes (BPB) of