Grow Window
GUARANTEE FOR GREEN INVESTMENTS!
The Green Recovery and Opportunity Window (GROW) is a KCGF guarantee scheme designed to support MSMEs investing in energy efficiency and renewable energy. Launched in June 2022 and backed by capital provided by KfW, it aims to facilitate access to finance for investments that reduce energy consumption and support businesses in adopting more sustainable practices.Investing in more efficient technologies, equipment that consumes less energy or renewable energy generation systems may require substantial upfront financing. Through its credit guarantee, KCGF shares part of the credit risk with partner financial institutions, facilitating access to finance for investments that help businesses reduce energy costs, optimise energy consumption and enhance the sustainability of their operations.The GROW Window therefore aims to support investments in renewable energy and energy efficiency, reduce adverse environmental impacts, support the green transition of businesses and contribute to sustainable economic development.
WHO CAN BENEFIT?
The GROW Window is intended for MSMEs investing in energy efficiency, renewable energy and green technologies.
| Criterion | Requirement |
|---|---|
| Business status | Micro, small or medium enterprise |
| Registration | Business registered in Kosovo |
| Ownership | Privately owned |
| Number of employees | Less than 250 employees |
| Sector | Eligible sectors of the economy |
| Focus | Investments in energy efficiency and/or renewable energy |
| Investment profile | Investments in energy efficiency and/or renewable energy |
| Purpose | Improving efficiency and reducing energy consumption |
| Self-consumption | Projects generating energy for the business's own needs |
| Technologies | Equipment and technologies that support green investments |
| Renewable energy | Renewable energy projects of up to 400 kW |
GUARANTEE FEATURES
The GROW Window offers terms tailored to financing green investments, combining higher guarantee coverage with long-term financing for energy efficiency and renewable energy projects.
| FEATURE | TERMS |
|---|---|
| Guarantee coverage | Up to 70% |
| Minimum loan amount | EUR 3,000 |
| Maximum loan amount | EUR 3,000,000 |
| Maximum guarantee amount | EUR 1,000,000 |
| Maximum loan maturity | 120 months |
| Purpose | Improving efficiency and reducing energy consumption |
| Self-consumption | Projects generating energy for the business's own needs |
| Technologies | Equipment and technologies that support green investments |
| Renewable energy | Renewable energy projects of up to 400 kW |
ADDED VALUE
The GROW Window creates value both for MSMEs seeking to reduce energy consumption and costs through green investments and for financial institutions financing the transition to a more efficient and sustainable economy.
| FOR MSMES | FOR FINANCIAL INSTITUTIONS |
|---|---|
| Improved access to finance | Reduced credit risk |
| More favourable lending terms | Reduced cost of risk |
| Potential reduction in energy costs | Faster loan processing |
| Reduced collateral requirements | Expanded financing for green investments |
| Support for sustainable development | Support for financing the green transition of businesses |
The GROW Window connects businesses' need for more energy-efficient investments with financial institutions capacity to finance them. By sharing risk with KCGF, it creates more opportunities to reduce costs, use renewable energy and support sustainable business development.
HOW THE GUARANTEE SCHEME WORKS
KCGF has no direct contact with borrowers.Communication with the borrower takes place through the Registered Financial Institution.
Responsibilities and monitoring
KCGF operates on the premise that the RFI will conduct an appropriate credit risk assessment and verify the eligibility of the borrower and the loan.To monitor and oversee the performance of each participating RFI, KCGF has developed two monitoring mechanisms: