KosInvest

Context :

Due to the weakness and inadequacy of its institutions, Kosovo has been very familiar with political crisis since its independence in 2008, which hinders the implementation of any reforms likely to address the country's significant social and economic challenges (ethnic divisions, unemployment, brain drain, dependence on remittances and international aid, lack of production capacity, etc.).

The company:

KosInvest is a Tier 3 microfinance institution established in 2001 by Vision Fund International. It is registered as an NGO and supervised by the Central Bank of the Republic of Kosovo (CBRK). Its mission is to "provide financial inclusion to communities living in the Republic of Kosovo and improve their standard of living through a wide range of products and services."

Impact :

KosInvest grants loans using the individual methodology. As of June 2022, the institution served 2,461 active borrowers (341 women and 551 rural borrowers) and managed a portfolio of €3.7 million. It operates nationwide through a network of eight branches and 54 employees.