Selected Projects: Financial Systems Development

GFA has implemented complex studies and projects in over 130 countries since 1982. Selected projects in Africa, Asia, Europe & Central Asia, Latin America & Caribbean and Maghreb & Middle East are presented here.


Small and Medium Enterprise (SME) finance

Implementation of the Rural Credit Guarantee Fund, Albania

KfW , 2014 - 2018
Contract Value: € 1,214,325

The project aims at supporting the setup of a Rural Credit Guarantee Fund (RCGF) in Albania to encourage banks and non-bank financial institutions to provide financial services for small businesses... more

Small and Medium Enterprise (SME) finance

MSME finance for employment promotion, Tunesia

KfW , 2016 - 2018
Contract Value: € 442,000

GFA is assisting three Tunisian banks in downscaling and product development for MSME finance in order to improve their access to finance... more

Sustainable Energy Finance

KyrSEFF – residential and industrial RE/EE investments, Kyrgyz Republic

EBRD , 2013 - 2018
Contract Value: € 2,800,000

Kyrgyzstan is driven by unsustainable and inconsistent energy supplies, inefficient use of energy at the end-user sectors and particularly in the residential, services and SME sectors... more

Financial Systems Development

KyrSEFF – residential and industrial RE/EE investments, Kyrgyz Republic

EBRD , 2013 - 2017
Contract Value: € 2,800,000

Kyrgyzstan is driven by unsustainable and inconsistent energy supplies, inefficient use of energy at the end-user sectors and particularly in the residential, services and SME sectors... more

Financial Systems Development

Rural Credit Guarantee Fund, Albania

KfW , 2014 - 2017
Contract Value: € 1,214,325

The project aims at supporting the setup of a Rural Credit Guarantee Fund in Albania to encourage banks and non-bank financial institutions to provide financial services to farmers... more

Agriculture and Rural Finance

Rural Credit Guarantee Fund, Albania

KfW , 2014 - 2017
Contract Value: € 1,214,325

The project aims at supporting the setup of a Rural Credit Guarantee Fund in Albania to encourage banks and non-bank financial institutions to provide financial services to farmers... more

Agriculture and Rural Finance

Innovations for agriculture modernization, Uzbekistan

ADB , 2014 - 2016
Contract Value: € 767,000

The project’s objective is to develop investment concepts for agricultural mechanization and crop diversification to improve the profitability of farming in Uzbekistan... more

Financial Systems Development

Sustainable energy financing facility, Russia

EBRD , 2009 - 2016
Contract Value: € 6,550,000

EBRD created the Sustainable Energy Financing Facility (SEFF) in Russia to support private enterprises in the improvement of EE and the development of RE sources. ... more

Financial Systems Development

Green initiative, Eastern and Southern Europe

EIB , 2012 - 2016
Contract Value: € 3,800,000

The Green Initiative supports the development of EE projects and demand side EE investments in industry and in the construction sector, which are implemented by SMEs... more

Agriculture and Rural Finance

The wine sector restructuring project, Moldova

EIB , 2014 - 2016
Contract Value: € 1,707,000

The project contributes to the wine sector recovery and aims to develop the production of certified bottled wines. The project offers financial instruments to the final beneficiaries... more

Sustainable Energy Finance

IREDA – Promotion of New Renewable Energies, India

KfW , 2013 - 2016
Contract Value: € 900,425

The objective of this project is to promote the use of renewable energy sources for electricity generation in India by supporting the Indian Renewable Energy Development Agency Ltd. (IREDA)... more

Sustainable Energy Finance

Green initiative, Eastern and Southern Europe

EIB , 2012 - 2016
Contract Value: € 3,430,000

The Green Initiative supports the development of EE projects and demand side EE investments in industry and in the construction sector, which are implemented by SMEs... more

Small and Medium Enterprise (SME) finance

Bank downscaling, Morocco

GIZ , 2010 - 2015
Contract Value: € 1,795,000

GFA provides technical assistance to selected commercial banks in order to increase access to adequate financial services for SMEs by downscaling current products. GFA experts assist the banks in setting up structures... more

Small and Medium Enterprise (SME) finance

MSME lending at Hipotekarna Banka, Montenegro

EBRD , 2014 - 2015
Contract Value: € 260,00

The project focuses on strategic planning, MSME product development and MSME credit analysis capacities in order to successfully expand the Bank’s operations and increase... more

Small and Medium Enterprise (SME) finance

Improvement of risk management system for an SME bank, Kenya

DEG , 2014 - 2015
Contract Value: € 257,190

The project was to support Chase Bank Kenya in strengthening its corporate governance structure and risk management system by orientating itself... more

Small and Medium Enterprise (SME) finance

Bank downscaling – assistance to CAB, Palestine

SCBF , 2013 - 2014
Contract Value: € 106,000

The project will assist Cairo Amman Bank (CAB) in establishing MSE lending in Palestine. MSE clients shall obtain access to finance expanding their income generating activities on a sustainable basis.... more

Agriculture and Rural Finance

MSME value chain finance, Nepal

KfW , 2013 - 2014
Contract Value: € 165,000

GFA assisted KfW in designing a project to improve access to formal finance for micro, small and medium enterprises (MSMEs) active along different value chains in rural Nepal... more