• About KCGF

    The Kosovo Credit Guarantee Fund (KCGF), is a local, independent, sustainable credit guarantee facility issuing portfolio loan guarantees to financial institutions to cover up to 50% of the risk for loans for micro, small, and medium enterprises (MSMEs).

    KCGF plays a key role in facilitating MSMEs obtaining more financing for their growth. By reducing the risk of lending to MSMEs, it encourages KCGF partner financial institutions to lend to more...

    Read more
  • Primary Objectives

    The KCGF will work with banks, MFIs, NFBIs, donors, the Government of Kosovo, the Central Bank, and the MSME community to achieve the following objectives:

    • Increase lending to MSMEs in Kosovo from the local financial institutions;
    • Create jobs, increase local production and value added services, improve the trade balance, broaden the tax base, strengthen the social safety net, and reduce poverty;
    • Enhance opportunities for underserved...
    Read more
  • Description of Services

    Risk Management, Policies and Procedures

    • Guarantees will be offered for up to 50% of the principal of loans to MSMEs (the lender could take a guarantee for a lower percentage)
    • Only new loans will be eligible for coverage. Issuance of guarantees to cover refinancing or restructuring of loans will not normally be allowed, as the program is intended to make available new financing to MSMEs, rather than assist financial institutions...

    Read more