USAID DEC
In Kosovo, the government, supported by the EMPOWER project from USAID, initiated the development of a concept document for the establishment of the Kosovo Guarantee Fund for Credit (FGK).
2015 · 21 pages

Abstract
The fund aims to increase access to finance for non-bank financial institutions (NBFIs), microfinance institutions (MFIs), and small and medium-sized enterprises (SMEs). The fund will provide guarantees to NBFIs and MFIs to reduce their risk and increase their lending capacity. The Kosovo Guarantee Fund for Credit will be established in accordance with the "Strategy for the Development of NBFIs in Kosovo 2012-2016" and the "Strategy for the Development of the Private Sector 2013-2017". The fund will be capitalized with 20 million dollars from international donors, including USAID, KfW, and SECO. The fund will provide guarantees to NBFIs and MFIs to reduce their risk and increase their lending capacity. The guarantees will be used to support the growth of SMEs, particularly in the agricultural sector, which is a major sector in Kosovo's economy. The fund will also provide training and technical assistance to NBFIs and MFIs to improve their capacity to provide financial services to SMEs. The Kosovo Guarantee Fund for Credit will be established as a permanent institution, with a board of directors that will be responsible for its management. The fund will be capitalized with 20 million dollars from international donors, including USAID, KfW, and SECO. The fund will provide guarantees to NBFIs and MFIs to reduce their risk and increase their lending capacity. The fund will also provide training and technical assistance to NBFIs and MFIs to improve their capacity to provide financial services to SMEs. The training and technical assistance will focus on areas such as risk management, credit analysis, and financial management. The fund will also provide support to NBFIs and MFIs to develop their capacity to provide financial services to SMEs, particularly in the agricultural sector. The fund will also provide training and technical assistance to NBFIs and MFIs to improve their capacity to provide financial services to SMEs. The training and technical
Classification
USAID DEC