New investment in KEP Trust, Kosovo
Incofin cvso invests EUR 3 million in KEP Trust, Kosovo, an NGO founded in 1999. KEP Trust is the largest micro-finance institution in Kosovo, providing micro-credits in rural Kosovo through 31 offices.
KEP Trust currently serves more than 18,000 customers through 230 employees and has a loan portfolio of EUR 38.4 million. The institution offers agricultural loans, micro-credits, housing and consumer credits. Currently, KEP Trust is developing a new loan product to promote energy efficiency.
The micro-finance sector in Kosovo has experienced robust growth in recent years because these institutions position themselves as social partners to clients. Through initiatives such as the ‘Smart Campaign’ and ‘Responsible Lending Principles’, micro-credit institutions differentiate themselves greatly from the traditional banks in the country.