USAID Empower Credit Support

RECURA is part of the consortium led by the prime contractor Financial Markets International (FMI) in providing technical assistance support to the USAID EMPOWER Credit Support Project in Kosovo.

Funded by the US Agency for International Development, the EMPOWER Credit Support Project is designed to increase access to finance for underserved SMEs by establishing a guarantee facility, the Kosovo Credit Guarantee Fund (KCGF). KCGF will be a local, permanent, revolving and financially sustainable credit guarantee fund, that will issue loan guarantees to commercial banks to reduce risk in SME lending. RECURA is supporting the EMPOWER Credit Support Project through the provision of business, financial, credit, risk, and legal and regulatory advisory services and by consensus building among key government, donor and financial institution stakeholders.

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