{"id":1340,"date":"2013-06-06T18:00:00","date_gmt":"2013-06-06T16:00:00","guid":{"rendered":"http:\/\/localhost\/amfi\/mcos-disbursed-5-64-billion-bam-in-15-years\/"},"modified":"2019-06-19T20:55:56","modified_gmt":"2019-06-19T18:55:56","slug":"mcos-disbursed-5-64-billion-bam-in-15-years","status":"publish","type":"post","link":"https:\/\/amfi.ba\/en\/mcos-disbursed-5-64-billion-bam-in-15-years\/","title":{"rendered":"MCOS DISBURSED 5.64 BILLION BAM IN 15 YEARS"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1340\" class=\"elementor elementor-1340 elementor-495\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6ded49d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6ded49d\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;gradient&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-13e2c61\" data-id=\"13e2c61\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b45462f elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"b45462f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">MCOS DISBURSED 5.64 BILLION BAM IN 15 YEARS<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-eda6379 elementor-share-buttons--shape-rounded elementor-share-buttons--view-icon-text elementor-share-buttons--skin-gradient elementor-grid-0 elementor-share-buttons--color-official elementor-widget elementor-widget-global elementor-global-1506 elementor-widget-share-buttons\" data-id=\"eda6379\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"share-buttons.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-grid\" role=\"list\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_facebook\" role=\"button\" tabindex=\"0\" aria-label=\"Share on facebook\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fab fa-facebook\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-share-btn__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__title\">\n\t\t\t\t\t\t\t\t\t\tFacebook\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_twitter\" role=\"button\" tabindex=\"0\" aria-label=\"Share on twitter\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fab fa-twitter\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-share-btn__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__title\">\n\t\t\t\t\t\t\t\t\t\tTwitter\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_linkedin\" role=\"button\" tabindex=\"0\" aria-label=\"Share on linkedin\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fab fa-linkedin\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-share-btn__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__title\">\n\t\t\t\t\t\t\t\t\t\tLinkedIn\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-eaee67d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"eaee67d\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-666f61c\" data-id=\"666f61c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-05059cd elementor-widget elementor-widget-text-editor\" data-id=\"05059cd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>The amount of BAM 4.481.000.000 or 75% of the total micro credits amount was disbursed for business activities. Micro credits are promoting self-employment and employment.<\/strong><\/p><p>According to the data of the Agency for Statistics there are 530 000 unemployed persons in Bosnia and Herzegovina, and they are not in a position to obtain a loan from a commercial bank, therefore, micro-credits are the only option available to unemployed persons to bridge the financial gaps or to start their own business and generate adequate resources to cover the expenses for their basic needs.<\/p><p>There are 25 Microcredit Organizations (MCOs) operating on the BiH market, and the advantage of the micro-lending is that the MCOs are providing access to suitable loans to all legal entities in the domain of micro and small business that do not posses any fixed assets as well as to all companies even when they do not have adequate security instruments for a loan.<\/p><p><strong>Budget inflow<\/strong><\/p><p>During the period from 1997 through the end of 2011 the Microcredit Organizations, members of the Association of Microfinance Organizations in Bosnia and Herzegovina, have disbursed the total amount of BAM 5.64 billion to approximately 1.924.000 clients. The average loan amount is BAM 3.000. The total amount of BAM 4.481.000.000 or around 75% of the overall amount of micro credits was disbursed for business activities.<\/p><p>The revenues of the administration units based on the disbursements of microcredits amounted to 20% of public revenues and are stemming from different taxes and fees: tax for goods and services, real estate tax, taxes for salaries and contributions, administrative and other fees, etc.<\/p><p>The Association of Microfinance Organizations in Bosnia and Herzegovina (AMFI) reports that the total amount of BAM 121 million was paid by MCOs to different institutions for the taxes, contributions and fees for the employees of the Microcredit Organizations as well as for other taxes, i.e. the average annual amount of BAM 16.5 million.<\/p><p>It is important to underline that microcredits stimulate self-employment and employment of new staff in all types of entrepreneurship activities, hence they are improving economic and social situation in the country. According to the information from the Study on the Social Impact of Microlending in BiH conducted by the World Bank clients of the MCOs are deciding to register their business activities in 10-14% more cases than the persons who are not using microcredits.<\/p><p><strong><br \/>Poverty reduction<br \/><\/strong><\/p><p>It is evident that the main mission of the Microcredit Organizations on our market is the employment increase and poverty reduction in BiH, but also improvement of life standard and quality of living primarily for the persons who do not have access to financial services of the traditional financial institutions.<\/p><p>In line with AMFI\u2019s information, the Microcredit Organizations have been continuously operating in BiH since 1996, and are subject to all financial and institutional standards regulated by the law for these financial organizations, as well as by-laws adopted by the Banking Agencies from both Entities.<\/p><p>Therefore, apart form the social mission of microlending, the MCOs have to be both sustainable and secure in order to be able to get financing sources from different international and national creditors, and to use those sources for portfolio financing, but also to attract potential international and national investors to invest into profit MCOs and to ensure the expansion of the main activity and to make their financial services more attractive to potential clients.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b03dcf3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b03dcf3\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-bc6d18e\" data-id=\"bc6d18e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-178461e elementor-widget elementor-widget-global elementor-global-1519 elementor-widget-heading\" data-id=\"178461e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Similar Articles - Find Out More<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-57cb376 elementor-grid-3 elementor-grid-tablet-2 elementor-grid-mobile-1 elementor-posts--thumbnail-top elementor-widget elementor-widget-posts\" data-id=\"57cb376\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;classic_columns&quot;:&quot;3&quot;,&quot;classic_columns_tablet&quot;:&quot;2&quot;,&quot;classic_columns_mobile&quot;:&quot;1&quot;,&quot;classic_row_gap&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:35,&quot;sizes&quot;:[]},&quot;classic_row_gap_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;classic_row_gap_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"posts.classic\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-posts-container elementor-posts elementor-posts--skin-classic elementor-grid\" role=\"list\">\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-8831 post type-post status-publish format-standard has-post-thumbnail hentry category-news\" role=\"listitem\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/amfi.ba\/en\/20-years-of-efse-a-partnership-that-creates-opportunities\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img fetchpriority=\"high\" decoding=\"async\" width=\"300\" height=\"192\" src=\"https:\/\/amfi.ba\/wp-content\/uploads\/2026\/09\/IMG_4104-300x192.jpeg\" class=\"attachment-medium size-medium wp-image-8827\" alt=\"\" srcset=\"https:\/\/amfi.ba\/wp-content\/uploads\/2026\/09\/IMG_4104-300x192.jpeg 300w, https:\/\/amfi.ba\/wp-content\/uploads\/2026\/09\/IMG_4104-768x492.jpeg 768w, https:\/\/amfi.ba\/wp-content\/uploads\/2026\/09\/IMG_4104.jpeg 1000w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/div>\n\t\t<\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/amfi.ba\/en\/20-years-of-efse-a-partnership-that-creates-opportunities\/\" >\n\t\t\t\t20 Years of EFSE \u2013 A Partnership That Creates Opportunities\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>Mostar marked the 20th anniversary of the European Fund for Southeast Europe (EFSE) \u2013 two decades of investment in financial inclusion, the development of micro,<\/p>\n\t\t<\/div>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/amfi.ba\/en\/20-years-of-efse-a-partnership-that-creates-opportunities\/\" aria-label=\"Read more about 20 Years of EFSE \u2013 A Partnership That Creates Opportunities\" tabindex=\"-1\" >\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-8803 post type-post status-publish format-standard has-post-thumbnail hentry category-news\" role=\"listitem\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/amfi.ba\/en\/microbalkans-from-financial-inclusion-to-sustainable-development\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img decoding=\"async\" width=\"225\" height=\"300\" src=\"https:\/\/amfi.ba\/wp-content\/uploads\/2026\/09\/1000010211-225x300.jpg\" class=\"attachment-medium size-medium wp-image-8800\" alt=\"\" srcset=\"https:\/\/amfi.ba\/wp-content\/uploads\/2026\/09\/1000010211-225x300.jpg 225w, https:\/\/amfi.ba\/wp-content\/uploads\/2026\/09\/1000010211-768x1024.jpg 768w, https:\/\/amfi.ba\/wp-content\/uploads\/2026\/09\/1000010211-1152x1536.jpg 1152w, https:\/\/amfi.ba\/wp-content\/uploads\/2026\/09\/1000010211.jpg 1200w\" sizes=\"(max-width: 225px) 100vw, 225px\" \/><\/div>\n\t\t<\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/amfi.ba\/en\/microbalkans-from-financial-inclusion-to-sustainable-development\/\" >\n\t\t\t\tMicroBalkans \u2013 From Financial Inclusion to Sustainable Development\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>We are pleased to share the article \u201cFinance as a Bridge to Biodiversity Conservation\u201d, authored by Elma Zukic, President of the Association of Microcredit Organizations<\/p>\n\t\t<\/div>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/amfi.ba\/en\/microbalkans-from-financial-inclusion-to-sustainable-development\/\" aria-label=\"Read more about MicroBalkans \u2013 From Financial Inclusion to Sustainable Development\" tabindex=\"-1\" >\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-8777 post type-post status-publish format-standard has-post-thumbnail hentry category-news\" role=\"listitem\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/amfi.ba\/en\/amfi-and-the-finance-and-reporting-committee-quality-data-as-a-foundation-for-sector-development\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img decoding=\"async\" width=\"300\" height=\"169\" src=\"https:\/\/amfi.ba\/wp-content\/uploads\/2026\/09\/IMG-14aefad0c0bde1b8808059fb97337d82-V-300x169.jpg\" class=\"attachment-medium size-medium wp-image-8776\" alt=\"\" srcset=\"https:\/\/amfi.ba\/wp-content\/uploads\/2026\/09\/IMG-14aefad0c0bde1b8808059fb97337d82-V-300x169.jpg 300w, https:\/\/amfi.ba\/wp-content\/uploads\/2026\/09\/IMG-14aefad0c0bde1b8808059fb97337d82-V-1024x578.jpg 1024w, https:\/\/amfi.ba\/wp-content\/uploads\/2026\/09\/IMG-14aefad0c0bde1b8808059fb97337d82-V-768x433.jpg 768w, https:\/\/amfi.ba\/wp-content\/uploads\/2026\/09\/IMG-14aefad0c0bde1b8808059fb97337d82-V-1536x867.jpg 1536w, https:\/\/amfi.ba\/wp-content\/uploads\/2026\/09\/IMG-14aefad0c0bde1b8808059fb97337d82-V.jpg 1600w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/div>\n\t\t<\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/amfi.ba\/en\/amfi-and-the-finance-and-reporting-committee-quality-data-as-a-foundation-for-sector-development\/\" >\n\t\t\t\tAMFI and the Finance and Reporting Committee \u2013 Quality Data as a Foundation for Sector Development\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>AMFI continuously works to improve the quality, transparency, and comparability of data on the microfinance sector in Bosnia and Herzegovina, creating a reliable foundation for<\/p>\n\t\t<\/div>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/amfi.ba\/en\/amfi-and-the-finance-and-reporting-committee-quality-data-as-a-foundation-for-sector-development\/\" aria-label=\"Read more about AMFI and the Finance and Reporting Committee \u2013 Quality Data as a Foundation for Sector Development\" tabindex=\"-1\" >\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-8759 post type-post status-publish format-standard has-post-thumbnail hentry category-news\" role=\"listitem\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/amfi.ba\/en\/co-organizer-of-microbalkans-2026-western-balkans-conference-for-the-microfinance-sector\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/amfi.ba\/wp-content\/uploads\/2026\/09\/IMG_8679-300x300.jpeg\" class=\"attachment-medium size-medium wp-image-8758\" alt=\"\" srcset=\"https:\/\/amfi.ba\/wp-content\/uploads\/2026\/09\/IMG_8679-300x300.jpeg 300w, https:\/\/amfi.ba\/wp-content\/uploads\/2026\/09\/IMG_8679-1024x1024.jpeg 1024w, https:\/\/amfi.ba\/wp-content\/uploads\/2026\/09\/IMG_8679-150x150.jpeg 150w, https:\/\/amfi.ba\/wp-content\/uploads\/2026\/09\/IMG_8679-768x768.jpeg 768w, https:\/\/amfi.ba\/wp-content\/uploads\/2026\/09\/IMG_8679.jpeg 1190w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/div>\n\t\t<\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/amfi.ba\/en\/co-organizer-of-microbalkans-2026-western-balkans-conference-for-the-microfinance-sector\/\" >\n\t\t\t\tCo-organizer of MicroBalkans 2026 \u2013 Western Balkans Conference for the Microfinance Sector\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>AMFI, together with its regional partners, is proud to participate as a co-organizer of MicroBalkans 2026 \u2013 Western Balkans Conference for the Microfinance Sector. See<\/p>\n\t\t<\/div>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/amfi.ba\/en\/co-organizer-of-microbalkans-2026-western-balkans-conference-for-the-microfinance-sector\/\" aria-label=\"Read more about Co-organizer of MicroBalkans 2026 \u2013 Western Balkans Conference for the Microfinance Sector\" tabindex=\"-1\" >\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-8741 post type-post status-publish format-standard has-post-thumbnail hentry category-news\" role=\"listitem\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/amfi.ba\/en\/amfi-at-infintech-2026\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img loading=\"lazy\" decoding=\"async\" width=\"244\" height=\"300\" src=\"https:\/\/amfi.ba\/wp-content\/uploads\/2026\/09\/IMG_8678-244x300.jpeg\" class=\"attachment-medium size-medium wp-image-8740\" alt=\"\" srcset=\"https:\/\/amfi.ba\/wp-content\/uploads\/2026\/09\/IMG_8678-244x300.jpeg 244w, https:\/\/amfi.ba\/wp-content\/uploads\/2026\/09\/IMG_8678-831x1024.jpeg 831w, https:\/\/amfi.ba\/wp-content\/uploads\/2026\/09\/IMG_8678-768x946.jpeg 768w, https:\/\/amfi.ba\/wp-content\/uploads\/2026\/09\/IMG_8678.jpeg 1157w\" sizes=\"(max-width: 244px) 100vw, 244px\" \/><\/div>\n\t\t<\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/amfi.ba\/en\/amfi-at-infintech-2026\/\" >\n\t\t\t\tAMFI at INFINTECH 2026\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>AMFI President, Elma Zuki\u0107, will participate as a panelist at the regional banking and fintech conference INFINTECH 2026, taking place on 8\u20139 October in Tivat,<\/p>\n\t\t<\/div>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/amfi.ba\/en\/amfi-at-infintech-2026\/\" aria-label=\"Read more about AMFI at INFINTECH 2026\" tabindex=\"-1\" >\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-8725 post type-post status-publish format-standard has-post-thumbnail hentry category-microbalkans26 category-news\" role=\"listitem\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/amfi.ba\/en\/amfi-at-microbalkans-2026-skopje\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img loading=\"lazy\" decoding=\"async\" width=\"240\" height=\"300\" src=\"https:\/\/amfi.ba\/wp-content\/uploads\/2026\/09\/1000010361-240x300.jpg\" class=\"attachment-medium size-medium wp-image-8724\" alt=\"\" srcset=\"https:\/\/amfi.ba\/wp-content\/uploads\/2026\/09\/1000010361-240x300.jpg 240w, https:\/\/amfi.ba\/wp-content\/uploads\/2026\/09\/1000010361-820x1024.jpg 820w, https:\/\/amfi.ba\/wp-content\/uploads\/2026\/09\/1000010361-768x959.jpg 768w, https:\/\/amfi.ba\/wp-content\/uploads\/2026\/09\/1000010361.jpg 1080w\" sizes=\"(max-width: 240px) 100vw, 240px\" \/><\/div>\n\t\t<\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/amfi.ba\/en\/amfi-at-microbalkans-2026-skopje\/\" >\n\t\t\t\tAMFI at MicroBalkans 2026 | Skopje\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>From Sarajevo in 2024 and Dubrovnik in 2025 to Skopje in 2026 \u2014 MicroBalkans continues to connect the financial sector of the Western Balkans with<\/p>\n\t\t<\/div>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/amfi.ba\/en\/amfi-at-microbalkans-2026-skopje\/\" aria-label=\"Read more about AMFI at MicroBalkans 2026 | Skopje\" tabindex=\"-1\" >\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<\/div>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Share on facebook Facebook Share on google Google+ Share on twitter Twitter Share on linkedin LinkedIn The amount of BAM 4.481.000.000 or 75% of the total micro credits amount was disbursed for business activities. Micro credits are promoting self-employment and employment. According to the data of the Agency for Statistics there are 530 000 unemployed [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[],"class_list":["post-1340","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>MCOS DISBURSED 5.64 BILLION BAM IN 15 YEARS - AMFI<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/amfi.ba\/en\/mcos-disbursed-5-64-billion-bam-in-15-years\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MCOS DISBURSED 5.64 BILLION BAM IN 15 YEARS - AMFI\" \/>\n<meta property=\"og:description\" content=\"Share on facebook Facebook Share on google Google+ Share on twitter Twitter Share on linkedin LinkedIn The amount of BAM 4.481.000.000 or 75% of the total micro credits amount was disbursed for business activities. 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