Terms of Reference for reviewing the post-implementation of software KRK

GOLD Ceritifaction for Client Protection

It is our pleasure to inform you that the MFR Certification Committee has assigned Kreditimi Rural i Kosovës L.L.C. the GOLD level of achievement in terms of Client Protection.
The GOLD level is the highest level of achievement and confirms that the certified institution meets the most rigorous standards of Client Protection, as defined by the Universal Standards for Social and Environmental Performance Management.

Press release related to IFC financing to KRK

Kreditimi Rural i Kosoves (KRK), a micro finance institution in Kosovo, will benefit €10 million loan provided by IFC

IFC is one of the best partners of KRK. Through collaboration with IFC, KRK have enabled the financing of many underserved Women-Owned Businesses and MSME in Kosovo.

The IFC loan, will be on-lent to local Women-Owned Businesses and MSME particularly with the goal of funding investments which will increase local Women-Owned Businesses and MSME competitiveness on domestic and regional markets.

“KRK is proud to partner with IFC to expand access to finance for underserved clients across Kosovo, particularly in rural and agricultural sectors,” said Lulzim Sadrija, KRK`s CEO. “With a strong national presence and commitment to high social and environmental standards, this collaboration will help us deepen our impact and better serve communities with limited access to financial services.”

Micro, small and medium-sized enterprises represent more than 90 per cent of all companies in Kosovo outside the financial sector. Better access to finance will allow Women-Owned Businesses and MSME to expand beyond the home market.

“This investment will support Kosovo in closing financing gaps for MSMEs, specifically smallholder farmers and women owned businesses,” said Visar Perani, IFC Country Officer for Kosovo. “By helping to expand access to tailored financial products we can support the country efforts to enhance the competitiveness of its financial sector and drive economic growth.”

Kreditimi Rural i Kosoves is the third largest micro finance institution in Kosovo and owned by the European Fund for South Eastern Europe (EFSE), the Dutch development bank Nederlandse Financierings-Maatschappij voor Ontwikkelingsladen (FMO), the French development company Solidarité Internationale pour le Développement et l’Investissement (SIDI) and Helenos, a company.

Prizren 2

More than a new branch – a new team dedicated to you!
We are pleased to introduce our new branch in Prizren, together with the staff who will be there every day to inform you about the products and services we offer.
Find us at our new location on De Rada Street (near the station) – the door is always open!

Peja 2

We have inaugurated our new branch in the city of Peja, marking another important step in our journey towards economic empowerment throughout the country.
This inauguration is proof of our continued commitment to being as close as possible to our customers, offering accessible and sustainable financial support for agriculture, businesses, women entrepreneurs and green initiatives.
Come visit us at our new branch (in Dulia) and learn more about the products and services we have for you

IFC training

Trainings held during November within the framework of the project with IFC – International Finance Corporation.

• Understanding agricultural trends and animal welfare

• Financial understanding and assessment of creditworthiness for agricultural loan clients

Request for proposal for Internal Audit Capacity Building

KRK is a microfinance institution (MFI), with its head office in Prishtina. In order to improve Internal Audit Capacity Building publish this request for proposal:

Request for proposal for Internal Audit Capacity Building

Kreditimi Rural i Kosoves (“MFI”, “KRK” or the “Institution”) is the third largest MFI in Kosovo with a market share of 19.7% (in terms of loan portfolio). The Institution operates through a wide network of 27 branches covering most of the Kosovo territory. As part of its strategic vision, KRK aims to grow sustainably, enhancing its market share and range of services, while increasing profitability and client outreach.

To ensure operational sustainability and growth, as well as to contain potential risks associated with growth, KRK is requesting for proposal for Internal Audit Capacity Building the institution with aim to increase the effectiveness of its internal audit function by implementing the risk-based audit approach.

KRK for interested companies, will provide ToR and the needed information related to this request for proposal based on their request sent on email address: krk_imf@krk-ks.com

Deadline for submitting of offers is until 4th December 2024.

Interested companies can send their offers through email address: krk_imf@krk-ks.com or directly at KRK Head Office, Behije Dashi Street Building D, nn, Prishtine 10000, Republic of Kosova.

ToR KRK Strengthening the capabilities of the internal audit

Branch Inauguration Vushtrri

On 24.10.2024, we inaugurated the branch in Vushtrri in the new location that is located inside Liria Square (near the Castle). The Vushtrri branch, as one of the first microfinance institutions in this municipality, now offers an easier approach for clients and citizens of this municipality. The office is open every working day from 08:00 to 16:00. We welcome you!

Agri-Renew Fair 2024

Participation and support of the agricultural and renewable energy fair “Agri-Renew 2024”.

TOR Market Analysis for financial sector with focus on NBFI services