IFC, GAFSP advances US$10m loan to Kosovo’s leading MFIs to boosts access to finance for small agribusinesses, farmers

KOSOVO —IFC, a member of the World Bank Group, and the Global Agriculture and Food Security Program (GAFSP), are providing €9 million (US$9.96 million) in loans to three microfinance institutions (MFIs) to increase access to finance for small agribusinesses and farmers in Kosovo. The MFIs to benefit from these loans are the Agency for Finance in Kosovo (AFK), KEP Trust (KEP), Kreditimi Rural i Kosoves (KRK). Kosovo’s agricultural sector is currently underserved by banks, limiting growth of small businesses and farmers. The loans are part of IFC’s and GAFSP’s broader…

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