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The Kosovo Credit Guarantee Fund (KCGF) is a local, independent, sustainable credit guarantee facility issuing portfolio loan guarantees to financial institutions to cover up to 50% of the risk for loans to micro, small, and medium enterprises (MSMEs).

The KCGF was established in January 2016 under the Law on the Establishment of the Kosovo Credit Guarantee Fund. The aim of the KCGF is to support the private sector in Kosovo by increased access to finance for MSMEs, thereby creating jobs, increasing local production, improving the trade balance and enhancing opportunities for underserved economic sectors.

Year of creation individual entities or association	2016
Type of scheme guarantee or counter-guarantee	Guarantee
Product typology guarantee or counter-guarantee or co-guarantee	Guarantee
Ownership i.e. fully mutual, funded by SMEs, banking associations, fully public, fully private, private-public, mixed models	Fully public
Shareholder structure Private / Public (in %)	100% public
Legal form of single guarantee entity or association: i.e. fund, development bank, development agency, cooperative or mutual societies, bank, foundation, association, limited company, etc.	Independent Legal Entity
Structure / Network i.e. central scheme with regional offices, central scheme only, association network	Central scheme only
Geographic coverage i.e. local, regional, national	National
Sectorial focus i.e. agriculture, industry, crafts, retail, liberal professions, cooperatives, etc.	All economic sectors
Size of businesses supported i.e. large companies, SMEs, micro-enterprises, independent/self-employed	SMEs, Micro-enterprises, Micro Small and Medium Enterprises
Supervision statute i.e. mono-product banking licenses, financial intermediary statute, non-supervised. For associations, please state statute of members	KCGF Board of Directors
Profit / Non-profit oriented dividends to public shareholders are not considered as profit orientation	Non-profit oriented
Do you benefit from a counter-guarantee at local, regional or national level? Local level or Regional level or National level	No
Are you/your members financial intermediary for EU-programmes? CIP/COSME or Structural funds or Progress or RSI/RSFF Horizon 2020	No
Types of guarantee products provided by your organisation/your members	Loan default guarantees, Working capital loan guarantees, Leasing guarantees, Working capital or investment loans or leases to facilitate the growth and sustainability of a Qualifying Borrowers business.
Other SME support instruments offered by your organisation/your members Subsidized loans or Mezzanine financing or Venture capital or Coaching or Mediation services	N/A
Is the activity subject to state aid regulation?	No
Do you (your members) use..? De minimis or GBER or Regional guidelines or Notification	No
Do you (your members) dispose of an internal rating/scoring system?	No
Do your guarantees provide deponderation (capital relief) for member banks subject to capital requirements (Basel agreement)?	No
Do you (your members) benefit of a public counter-guarantee that allows deponderation (capital relief)?	No

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