{"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-8031 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\/representatives-of-amfi-participated-in-an-event-dedicated-to-supporting-womens-entrepreneurship\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img fetchpriority=\"high\" decoding=\"async\" width=\"300\" height=\"198\" src=\"https:\/\/amfi.ba\/wp-content\/uploads\/2026\/03\/Picture-1-3-300x198.jpg\" class=\"attachment-medium size-medium wp-image-8025\" alt=\"\" srcset=\"https:\/\/amfi.ba\/wp-content\/uploads\/2026\/03\/Picture-1-3-300x198.jpg 300w, https:\/\/amfi.ba\/wp-content\/uploads\/2026\/03\/Picture-1-3.jpg 450w\" 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\/representatives-of-amfi-participated-in-an-event-dedicated-to-supporting-womens-entrepreneurship\/\" >\n\t\t\t\tRepresentatives of AMFI participated in an event dedicated to supporting women\u2019s entrepreneurship\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>Representatives of AMFI participated in an event dedicated to supporting women\u2019s entrepreneurship, organized by Mikrofin in partnership with EFSE and supported by the European Union.<\/p>\n\t\t<\/div>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/amfi.ba\/en\/representatives-of-amfi-participated-in-an-event-dedicated-to-supporting-womens-entrepreneurship\/\" aria-label=\"Read more about Representatives of AMFI participated in an event dedicated to supporting women\u2019s entrepreneurship\" 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-8281 post type-post status-publish format-standard has-post-thumbnail hentry category-microbalkans25en category-news\" role=\"listitem\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/amfi.ba\/en\/microbalkans25-reel-closing-reflections\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img decoding=\"async\" width=\"300\" height=\"170\" src=\"https:\/\/amfi.ba\/wp-content\/uploads\/2025\/12\/Screenshot-2026-04-16-at-11.58.43-300x170.png\" class=\"attachment-medium size-medium wp-image-8280\" alt=\"\" srcset=\"https:\/\/amfi.ba\/wp-content\/uploads\/2025\/12\/Screenshot-2026-04-16-at-11.58.43-300x170.png 300w, https:\/\/amfi.ba\/wp-content\/uploads\/2025\/12\/Screenshot-2026-04-16-at-11.58.43-1024x579.png 1024w, https:\/\/amfi.ba\/wp-content\/uploads\/2025\/12\/Screenshot-2026-04-16-at-11.58.43-768x434.png 768w, https:\/\/amfi.ba\/wp-content\/uploads\/2025\/12\/Screenshot-2026-04-16-at-11.58.43-1536x868.png 1536w, https:\/\/amfi.ba\/wp-content\/uploads\/2025\/12\/Screenshot-2026-04-16-at-11.58.43.png 1638w\" 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\/microbalkans25-reel-closing-reflections\/\" >\n\t\t\t\tMICROBALKANS25: Reel Closing Reflections\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>The final session of MicroBalkans25 brought participants together to reflect on the conference\u2019s key messages, shared lessons and collective commitments. Speakers highlighted the contributions of<\/p>\n\t\t<\/div>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/amfi.ba\/en\/microbalkans25-reel-closing-reflections\/\" aria-label=\"Read more about MICROBALKANS25: Reel Closing Reflections\" 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-8269 post type-post status-publish format-standard has-post-thumbnail hentry category-microbalkans25en category-news\" role=\"listitem\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/amfi.ba\/en\/microbalkans25-reel-panel-2-2\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img decoding=\"async\" width=\"300\" height=\"168\" src=\"https:\/\/amfi.ba\/wp-content\/uploads\/2025\/12\/Screenshot-2026-04-16-at-11.51.48-300x168.png\" class=\"attachment-medium size-medium wp-image-8268\" alt=\"\" srcset=\"https:\/\/amfi.ba\/wp-content\/uploads\/2025\/12\/Screenshot-2026-04-16-at-11.51.48-300x168.png 300w, https:\/\/amfi.ba\/wp-content\/uploads\/2025\/12\/Screenshot-2026-04-16-at-11.51.48-1024x572.png 1024w, https:\/\/amfi.ba\/wp-content\/uploads\/2025\/12\/Screenshot-2026-04-16-at-11.51.48-768x429.png 768w, https:\/\/amfi.ba\/wp-content\/uploads\/2025\/12\/Screenshot-2026-04-16-at-11.51.48-1536x858.png 1536w, https:\/\/amfi.ba\/wp-content\/uploads\/2025\/12\/Screenshot-2026-04-16-at-11.51.48.png 1640w\" 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\/microbalkans25-reel-panel-2-2\/\" >\n\t\t\t\tMICROBALKANS25: Reel Panel 7: The Role of Innovation and Institutional Readiness in Industry Transformation\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>Panel 7: The Role of Innovation and Institutional Readiness in Industry Transformation At the MicroBalkans25 conference, Panel 7 brought together experts from the microfinance sector,<\/p>\n\t\t<\/div>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/amfi.ba\/en\/microbalkans25-reel-panel-2-2\/\" aria-label=\"Read more about MICROBALKANS25: Reel Panel 7: The Role of Innovation and Institutional Readiness in Industry Transformation\" 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-7955 post type-post status-publish format-standard has-post-thumbnail hentry category-microbalkans25en category-news\" role=\"listitem\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/amfi.ba\/en\/microbalkans25-reel-panel-5\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"167\" src=\"https:\/\/amfi.ba\/wp-content\/uploads\/2025\/12\/Screenshot-2025-12-30-at-11.30.27-300x167.png\" class=\"attachment-medium size-medium wp-image-7954\" alt=\"\" srcset=\"https:\/\/amfi.ba\/wp-content\/uploads\/2025\/12\/Screenshot-2025-12-30-at-11.30.27-300x167.png 300w, https:\/\/amfi.ba\/wp-content\/uploads\/2025\/12\/Screenshot-2025-12-30-at-11.30.27-1024x570.png 1024w, https:\/\/amfi.ba\/wp-content\/uploads\/2025\/12\/Screenshot-2025-12-30-at-11.30.27-768x428.png 768w, https:\/\/amfi.ba\/wp-content\/uploads\/2025\/12\/Screenshot-2025-12-30-at-11.30.27-1536x855.png 1536w, https:\/\/amfi.ba\/wp-content\/uploads\/2025\/12\/Screenshot-2025-12-30-at-11.30.27.png 1634w\" 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\/microbalkans25-reel-panel-5\/\" >\n\t\t\t\tMICROBALKANS25: Reel Panel 5\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>Panel 5: Regulatory Innovation \u2014 How Policies Shape Technological Advancement At the MicroBalkans25 conference, Panel 5 brought together institutional representatives, technology leaders, and experts to<\/p>\n\t\t<\/div>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/amfi.ba\/en\/microbalkans25-reel-panel-5\/\" aria-label=\"Read more about MICROBALKANS25: Reel Panel 5\" 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-7942 post type-post status-publish format-standard has-post-thumbnail hentry category-microbalkans25en category-news\" role=\"listitem\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/amfi.ba\/en\/microbalkans25-reel-panel-4\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"169\" src=\"https:\/\/amfi.ba\/wp-content\/uploads\/2025\/12\/Screenshot-2025-12-30-at-11.15.58-300x169.png\" class=\"attachment-medium size-medium wp-image-7941\" alt=\"\" srcset=\"https:\/\/amfi.ba\/wp-content\/uploads\/2025\/12\/Screenshot-2025-12-30-at-11.15.58-300x169.png 300w, https:\/\/amfi.ba\/wp-content\/uploads\/2025\/12\/Screenshot-2025-12-30-at-11.15.58-1024x576.png 1024w, https:\/\/amfi.ba\/wp-content\/uploads\/2025\/12\/Screenshot-2025-12-30-at-11.15.58-768x432.png 768w, https:\/\/amfi.ba\/wp-content\/uploads\/2025\/12\/Screenshot-2025-12-30-at-11.15.58-1536x864.png 1536w, https:\/\/amfi.ba\/wp-content\/uploads\/2025\/12\/Screenshot-2025-12-30-at-11.15.58.png 1640w\" 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\/microbalkans25-reel-panel-4\/\" >\n\t\t\t\tMICROBALKANS25: Reel Panel 4\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>Panel 4: Digital Nomads and the Future of Work \u2014 New Trends Changing the Market At the MicroBalkans25 conference, Panel 4 brought together experts who<\/p>\n\t\t<\/div>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/amfi.ba\/en\/microbalkans25-reel-panel-4\/\" aria-label=\"Read more about MICROBALKANS25: Reel Panel 4\" 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-7930 post type-post status-publish format-standard has-post-thumbnail hentry category-microbalkans25en category-news\" role=\"listitem\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/amfi.ba\/en\/microbalkans25-reel-panel-3\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"169\" src=\"https:\/\/amfi.ba\/wp-content\/uploads\/2025\/12\/Screenshot-2025-12-30-at-11.10.13-300x169.png\" class=\"attachment-medium size-medium wp-image-7929\" alt=\"\" srcset=\"https:\/\/amfi.ba\/wp-content\/uploads\/2025\/12\/Screenshot-2025-12-30-at-11.10.13-300x169.png 300w, https:\/\/amfi.ba\/wp-content\/uploads\/2025\/12\/Screenshot-2025-12-30-at-11.10.13-1024x577.png 1024w, https:\/\/amfi.ba\/wp-content\/uploads\/2025\/12\/Screenshot-2025-12-30-at-11.10.13-768x433.png 768w, https:\/\/amfi.ba\/wp-content\/uploads\/2025\/12\/Screenshot-2025-12-30-at-11.10.13-1536x865.png 1536w, https:\/\/amfi.ba\/wp-content\/uploads\/2025\/12\/Screenshot-2025-12-30-at-11.10.13.png 1626w\" 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\/microbalkans25-reel-panel-3\/\" >\n\t\t\t\tMICROBALKANS25: Reel Panel 3\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>Panel 3: Strengthening the Microfinance Industry \u2014 The Role of Regulatory Frameworks and Strategies for Long-Term Growth As part of the MicroBalkans25 conference, Panel 3<\/p>\n\t\t<\/div>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/amfi.ba\/en\/microbalkans25-reel-panel-3\/\" aria-label=\"Read more about MICROBALKANS25: Reel Panel 3\" 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 v27.5 - 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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