GROW WINDOW

GROW – GREEN RECOVERY AND OPPORTUNITY WINDOW aims to support businesses in Kosovo to invest in renewable energy and energy efficiency.

INTERMEDIARIES   

Registered Financial Institutions of KCGF are:

  • Banka Ekonomike
  • Banka Kombëtare Tregtare (BKT)
  • Banka për Biznes (BpB)
  • NLB Banka
  • ProCredit Bank Kosovo J.S.C.

    WHAT ARE THE GUARANTEE FEATURES?

    •  Guarantees will be provided for the amount up to 50% of the loan principal but not more than EUR 500,000
    • The maximum loss cap will be 30%
    • Type of guarantee: Revolving

    WHICH LOANS CAN BENEFIT FROM GROW WINDOW?

    Qualified Loans fulfilling the following criteria will be eligible for GROW Window benefits:

    • The maximum loan amount is EUR 3,000,000
    • The maximum credit exposure is EUR 500,000 but the not exposed more than EUR 1,000,000
    • The maximum amount of the guarantee is EUR 500,000
    • The maximum maturity is 84 months.
    • The loan is intended for energy efficiency investments which includes: building envelope, equipment, production lines, and other energy-efficient measures.   Additionally, support is extended to small-scale renewable energy projects, including wind, solar, biomass, or geothermal, up to 400 kW.

    WHAT ARE THE BENEFITS?

    For MSMEs

    • Increasing access to finance
    • Lower environmental impact
    • Cost reduction of energy bills
    • Potentially preferential interest rates
    • Collateral reduction
    • Business sustainability

    For RFIs

    For Registered Financial Institutions

    • Reducing the cost of risk
    • Released capital.
    • Total loss coverage
    • Reduction of credit risk
    • Increasing the maximum amount of the guarantee

     

    READ MORE: growkosovo.com