The crediting policies of Micro-Financial Institutions in Kosovo and their impact in the development of agriculture

Dr.Sc Drita Konxheli, MSc. Dafina Bekaj

Abstract


Agriculture is a very important sector of Kosovo economy. Seeing the big agriculture sector’s need for crediting, this paper is focused on credit policies of micro financial institutions, by emphasizing their impact in the development of agriculture.

Since the number of micro financial institutions in Kosovo is quite big and analyzing the crediting policies of all of them is impossible, for comparing analyzes this paper focuses in three of them. 

Several clients of the micro financial institutions were surveyed to check the impact that the loans they took had on the development of their agricultural activity. The survey includes the entire territory of Kosovo, meaning, clients of different regions were surveyed including minority-inhabited zones.

Micro loan has become a support for many farmers, artisans and traders of various Kosovo rural zones. The micro loan makes it possible to have access to financial services for funding small projects in the field of agriculture, cattle-raising or in service sectors, such as artisans, small grocery shops, etc.

The main goals of this research is to analyze the credit policies of MFIs operating in Kosovo and their impact in development of agriculture; a comparative analyses of impact of these credit policies in development of agriculture and identification of new crediting policies that might impact further agricultural development. 


Keywords


Microloan; Kosovo; Development; Agriculture;

References


UNMIK, Ministry of Agriculture, Forestry and Rural Development: The Kosovo Greenbook, Maj 2003

AMIK & MIX : Kosovo 2009 –Micro-finance analysis and comparative report, January, 2010,

Muhedin Nushi & Fatmir Selimi; AN ASSESSMENT OF THE COMPETITIVENESS OF THE DAIRY FOOD CHAIN IN KOSOVO, 2009,

International Crisis Group: Kosova, Një strategji për zhvillimin ekonomik, Dhjetor 2001

Ministry of Trade and Industry: Agriculture and Food Processing Industry, 2008

Riinvest: Raport mbi ecuritë e zhvillimit të sistemit të financimit të NVM-ve në Kosovë, Mars 2003

Central Bank of Kosovo: Buletine of financial sector, 2009

Leo Consulting: Micro-Finances in Kosovo, Insofar development and road ahead, Prishtina, 2006

Ministry of Trade and Industry, European Fund for Kosovo.

Riinvest: Rural development in Kosovo, June 2004

Innovations in Rural and Agricultural Finance in Maldova, Stephanie Charitonenko and Anna Bang-Herrera, Janar 2006

Looking for Long -term Wellbeing: Access to Credit and the Impact on Rural Housholders, Agnes R. Quisumbing and Linda Montillo-Burton, Nentor 2003

Role of Microfinance Institucions in Rural Developement, S.C. Vetrivel dhe S. Chandra Kumarmangalam, Korrik 2010

Web pages:

The data on credit policies and other data of portfolio of three mentioned MFIs were taken directly from the authorized persons of these MFIs

BZMF: www.bzmf.org

FINCA: www.finca-ks.org

AFK: www.afkonline.org

Ministry of Economy and Finances: www.mef-rks.org

Ministry of Trande and Industry: http://www.mti-ks.org/

Tax Administration of Kosovo: http://www.atk-ks.org

CGAP,Advancing financial access for the world’s poor: http://microfinance.cgap.org/tag/agriculture/

Kosovo Chamber of Commerce: http://www.oek-kcc.org


Full Text: PDF

DOI: 10.21113/iir.v2i2.155

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Copyright (c) 2016 Dr.Sc Drita Konxheli, MSc. Dafina Bekaj

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