This project provides financing to Agency for Finance in Kosovo, a leading micro-finance institution in Kosovo, for lending to micro and small enterprises. This includes micro agricultural farms and very small agri-processing companies.
Agency for Finance in Kosovo is one of the leading microfinance institutions (MFI) in Kosovo, a fragile and conflicted state (FCS) and IDA country, to support expansion of its lending program to domestic individuals, micro and small enterprises including micro agricultural farms and very small agri-processing companies.
The Agency for Finance in Kosovo was founded in 1999 as a small enterprise development program by Mercy Corps (a US-based Non-Governmental Organization) in the framework of post conflict relief and became a NGO a few years later. AFK undergone a transition into a local finance institution as a Non-Bank Financial Institution in 2000 and was registered as Microfinance Institution in 2011, keeping the legal form as NGO since 2000. As of today, AFK is the fourth largest MFI in the country with a market share of 17% in terms of loan portfolio.
Agency for Finance in Kosovo
Street: Lidhja e Prizrenti 1, 30000 Peje, Republic of Kosovo
ACCOUNTABILITY MECHANISM OF IFC
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