01.20.2021

Share:

 
KFKJ primenjuje prozore garancija u okviru Paketa Ekonomskog Oporavka

Pristina, January 20th, 2021 – Kosovo Credit Guarantee Fund (KCGF) signed the guarantee agreements with its Partner Financial Institutions for the guarantee windows within Economic Recovery Package.

Now, with the signing of guarantee agreements with the partner financial institutions, the implementation of the guarantee windows within Economic Recovery Package begins.

The guarantee windows within Economic Recovery Package (ERP) are new guarantee lines which aim to support Micro, Small and Medium Enterprises (MSMEs) through the credit guarantees.
This Package envisages increasing the coverage with a credit guarantee of up to 80% of the loan value and will also offer the opportunity to include farmers with a Farmer Identification Number (FIN).

Guarantee Windows within ERP will focus on lending support to the manufacturing, agribusiness, services, trade sectors, with a particular focus on women in business and start-ups.

ERP in this time of pandemic will have added value for both end beneficiaries (MSMEs) who will be able to access finance with better lending terms at the appropriate time, as well as for Partner Financial Institutions (PFIs) which will be able to share a large part of the credit risk with KCGF.

The guarantee windows within this Package are expected to support access to finance for MSMEs up to € 202 million over a one-year period.

What is the procedure to become a beneficiary of the ERP guarantee windows?

Businesses applies for the loans in the banks, as usual, going through all the bank procedures. If the value of the prospective borrower’s mortgage/collateral is not sufficient, the bank may decide to qualify the business and issue that loan, using the KCGF guarantee.
Businesses cannot apply to the KCGF to receive the guarantee.

HIT FLORES – A Collection Center in the Sharr Mountains

HIT FLORES – A Collection Center in the Sharr Mountains

Hit-Flores is a company involved in the harvesting and processing of medicinal plants, mushrooms, and forest fruits. The company is also involved with the processing and packaging of tea, which is harvested directly from the Sharr Mountains. “We started our business...

Paket za ekonomski oporavak pokrenuo je KFKJ

Paket za ekonomski oporavak pokrenuo je KFKJ

Priština, 14. decembra 2020. - Kosovski Fond za Kreditno Jemstvo (KFKJ) u saradnji sa Vladom Republike Kosovo i međunarodnim donatorima pokrenuo je Paket za ekonomski oporavak. Paket ekonomskog oporavka (PEO) je nova linija garancija koja će funkcionisati u okviru...