Loan of €1.5M *
(equivalent in local currency)
(4 loans granted)
*Outstanding amount at grant valuePartner website
In Kosovo, the unemployment level reached 31% in the second quarter of 2017 and largely concerned young people (51%). The weight of the informal economy represents at least a third of GDP.
Kreditimi Rural i Kosoves (KRK) is a project initiated in 2000 by ADIE International as the Rural Finance Program of Kosovo (RFPK). The project turned into a microfinance institution shortly after, when the new regulations on financial institutions came into force in Kosovo.
KRK’s mission is to provide access to financial services in rural areas of Kosovo in a sustainable manner, giving priority to the agricultural sector.