📋 Tender Overview
Project Number
50271
Company Name
MKD MIKROFIN DOO
Date SPI Disclosed
Mar 28, 2025
Country
Bosnia and Herzegovina
Region
Europe
Projected Board Date
Apr 25, 2025
Environmental Category
FI-3
Status
Pending Approval
Last Updated Date
Department
CF6E2 - Regional Industry FIG LAC & EUR/FIG EUR2 Pol, Ukr, Mold, S Cauc
Industry
Financial Institutions
Sector
Other Non-Banking Financial Institution (NBFI)
Project Description
The proposed investment consists of an up to 4-years senior loan of EUR20 million to Mikrofin d.o.o. Banja Luka ( Mikrofin or the Company ), a private microfinance institution focused on MSE, agriculture and lending to individuals in Bosnia and Herzegovina (BiH). The proposed investment will support the Company's lending program to micro enterprises with 50% dedicated to Women-owned Micro Enterprises (WMEs) and 25% to support climate finance (energy efficiency), with the majority of exposure expected to be focused on home improvement loans. The loan will be provided in two tranches of up to EUR10 million each (the Project ).
