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
Tag: KRK
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
MICROCAPITAL BRIEF: EBRD Loans $2.3m to Kreditimi Rural i Kosoves (KrK) for Onlending to MSMEs in Kosovo
The UK-based European Bank for Reconstruction and Development (EBRD) is providing Kreditimi Rural i Kosoves (KrK), a Kosovar microfinance institution,