PROJECT

Projects

Summary of Investment Information

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 - No Impact

Status

Active

Last Updated Date

Feb 12, 2026

Department

Regional Industry FIG LAC & EUR

Industry

Financial Markets

Previous Events

Approved : May 19, 2025
Signed : May 22, 2025
Invested : Jul 14, 2025

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”).                                                

Associated Advisory Engagement

 N/A                                                  

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation