Financing to support energy efficiency, agribusiness, and women-led SMEs in Kosovo
The European Bank for Reconstruction and Development (EBRD) is strengthening its partnership with ProCredit Bank Kosovo (ProCredit) to advance green investments and inclusive growth among small and medium-sized enterprises (SMEs).
The Bank is providing €10 million under its SME Go Green programme for on-lending to local firms to enhance their competitiveness and trade potential through targeted sustainability investments and the adoption of internationally recognised quality standards.
The loan is complemented with grant incentives funded by the European Union (EU) through the Western Balkans Investment Framework (WBIF).
Additionally, at least a third of supported investments will be in the agribusiness value chain and at least a quarter of financed SMEs will be led by women entrepreneurs.
The financing, fully aligned with the EBRD’s Green Economy Transition (GET) approach, will be entirely dedicated to green investments.
The financing agreement was signed by EBRD Vice President for Banking, Matteo Patrone, and the CEO of ProCredit, Visar Paçarada, during Mr Patrone’s visit to Kosovo.
Mr Patrone said: “Supporting small businesses in their transition to greener and more inclusive business models is at the heart of the EBRD’s mission. This partnership with ProCredit will help unlock investments in energy efficiency, agribusiness, and women-led enterprises, driving sustainable growth and resilience across the country.”
ProCredit, a longstanding partner of the EBRD, is dedicated to supporting local businesses and driving the country’s green transformation. With a strong focus on sustainable finance, innovation, and gender equality, ProCredit plays a vital role in Kosovo’s transition to a low-carbon economy. In close partnership with the EBRD— which has invested over €800 million in 126 projects in Kosovo—ProCredit continues to implement initiatives that foster entrepreneurship, promote energy efficiency, and strengthen the private sector for lasting impact.