Loan to microfinance provider MKF Partner, Bosnia and Herzegovina
Energy efficiency
Climate
Environment
National
Beneficiary Country:
-
Bosnia and Herzegovina
Type and/or measure of energy efficiency in buildings:
Lead Donor Contact
European Bank for Reconstruction and Development
Short description of the overall project
Loan to microfinance provider MKF Partner will be invested in residential sector
- EBRD loan of up to €5 million to MKF Partner, a microfinance institution;
- Energy efficiency loans to residents and vendors of green technology;
- Increasing availability of finance to support green economy in Bosnia and Herzegovina.
The EBRD is providing a loan of up to €5 million to MKF Partner, a microfinance institution in Bosnia and Herzegovina, to support urgently needed energy efficiency investments in the country’s residential sector. The funds will be on-lent to individuals, residents’ associations, producers, service providers, suppliers and vendors of green technologies for investments that modernise existing housing stock and support the implementation of sustainable energy technologies.
Energy savings achieved / expected |
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| Financial instruments used / use of current financial mechanisms | Funds will be on-lent. |