ProCredit bank: Green loan for EE home

ProCredit bank: Green loan for EE home

Duration

Ongoing

Recipients

Individuals

Managing body

ProCredit Bank

Volume of funding

Interest rate: fixed 6%; repayment period: up to 5 years; disbursement fee: 2%; down payment: 0%; collateral: not needed

Details

ProCredit Bank Macedonia launched a programme of green finance products consisting of energy efficiency loans for private individuals as well as for businesses, using funds from the European Bank for Reconstruction and Development (EBRD). The loans are intended for energy efficiency improvements of housing according to the eligible measures for grants described on the Technology selector on the Green Economy Financing Facilities website. Some of the eligible measures are: insulation of outside walls, roof, floor; installation of windows, doors, biomass boilers, energy efficient lighting, gas boilers, heat pumps, solar photovoltaic system, etc.

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