Loan of €1.6M *
(equivalent in local currency)
*Outstanding amount at grant valuePartner website
Bosnia and Herzegovina is a fragile, relatively small transition economy, open and dependent on the outside world, including the European Union. The agricultural sector accounts for 5.6% of GDP and almost 18.6% of total employment.
Partner Microcredit Foundation is a Tier 2 microfinance institution that provides financial services to economically active people with difficult (or non-existent) access to commercial sources of funding. It thus supports newly created businesses and business development and helps improve the quality of life.
Partner supports microentrepreneurs, promotes women’s participation in business and provides easier access to financial services in rural areas. The institution offers good quality products and technical support throughout the country through a door-to-door service thereby helping to improve living standards and employment.