{"id":1342,"date":"2012-03-27T22:17:55","date_gmt":"2012-03-27T20:17:55","guid":{"rendered":"http:\/\/localhost\/amfi\/recovery-of-the-microfinance-sector\/"},"modified":"2018-11-18T19:36:18","modified_gmt":"2018-11-18T18:36:18","slug":"recovery-of-the-microfinance-sector","status":"publish","type":"post","link":"https:\/\/amfi.ba\/en\/recovery-of-the-microfinance-sector\/","title":{"rendered":"RECOVERY OF THE MICROFINANCE SECTOR"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1342\" class=\"elementor elementor-1342 elementor-500 elementor-bc-flex-widget\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0fa879a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0fa879a\" 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-d652ba6\" data-id=\"d652ba6\" 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-d73b3f3 elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"d73b3f3\" 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\">RECOVERY OF THE MICROFINANCE SECTOR<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-435866c 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=\"435866c\" 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-a67f319 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a67f319\" 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-3e3c578\" data-id=\"3e3c578\" 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-ad9d19d elementor-widget elementor-widget-text-editor\" data-id=\"ad9d19d\" 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><em><strong>Sarajevo, 27\/03\/2012<\/strong>\u00a0\u2013\u00a0<\/em>The analysis of the business operations of the members of the Association of Microfinance Organizations in Bosnia and Herzegovina illustrates that this sector continues to show positive results of the recovery following the crisis that impacted even the most developed financial markets.<\/p><p>Negative trends of the microfinance sector in BiH are starting to change. The market peak happened in 2008 and then it was followed by the downturn, but the efforts were made to save the BiH microfinance industry from failure that included the improvement of the Credit Registry and the creation of the Centre for Financial and Credit Counselling of debtor to improve their finance management. Having in mind the efforts that were undertaken it is encouraging to see that according to MIX indicators (September 30, 2011), MIX MARKET the leading global business and financial information organization, projected that after the negative growth trend in the last quarter, the market will start to grow in the next 12 months in terms of the number of clients and the loan volume. The MIX also projected that portfolio at risk \u00ad&gt; 30 days will remain low or will continue to decrease. At the beginning of the year it was reduced by almost 11%, and after nine months by additional 4.5%. If we take into consideration the reports from September 30, 2011, it seems that the projected growth occurred one quarter earlier. The MFIs are reporting on the continuation of the shrinking of their portfolios, but also on the first national increase in the number of clients in almost three years.<\/p><p><strong>Encouraging trends<\/strong><\/p><p>The improvement is definitely the result of the efforts made through the application of responsible lending practice, achievement of the mission and objectives of the microcredit sector, as well as improvement of the Central Credit Registry. Majority of the Association\u2019s members finished the 2011 with positive financial results, and the loan loss reserves were reduced by 7.4% compered to the same period of the previous year. Microcredit Organizations are employing around 1800 employees and they are contributing to the revenues of the administrative bodies\u2019 budgets through payment of taxes and contributions to salaries and fees of the employees of MCOs, as well as through taxes and fees paid by the micro-entrepreneurs who have developed their business by using microcredits over a certain period of time.<\/p><p>The strengthening of the financial stability will be continued in the course of 2012, with the aim to create more space for micro-entrepreneurship and agriculture production growth.<\/p><p>Furthermore, the Association of Microfinance Organizations in Bosnia and Herzegovina in partnership with the IFC has launched the campaign on protection of the clients in the microfinance sector.<\/p><p>The campaign that was launched at the beginning of this month will also help the Microcredit Organizations to introduce client protection principles into their business operations and to implement comprehensive training required to meet the standards and principles of client protection. After the training, there will be a certification process for the application of the client protection standards, and this will help the Microfinance Institutions to build strong and long-term relations with clients and thus to reduce their business risks.<\/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-6db742a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6db742a\" 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-01ba20d\" data-id=\"01ba20d\" 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-d32f7f3 elementor-widget elementor-widget-global elementor-global-1519 elementor-widget-heading\" data-id=\"d32f7f3\" 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-b4cddc8 elementor-grid-3 elementor-grid-tablet-2 elementor-grid-mobile-1 elementor-posts--thumbnail-top elementor-widget elementor-widget-posts\" data-id=\"b4cddc8\" 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-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 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 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<article class=\"elementor-post elementor-grid-item post-7906 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-tour-coctails\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"168\" src=\"https:\/\/amfi.ba\/wp-content\/uploads\/2025\/12\/Screenshot-2025-12-30-at-10.59.33-300x168.png\" class=\"attachment-medium size-medium wp-image-7905\" alt=\"\" srcset=\"https:\/\/amfi.ba\/wp-content\/uploads\/2025\/12\/Screenshot-2025-12-30-at-10.59.33-300x168.png 300w, https:\/\/amfi.ba\/wp-content\/uploads\/2025\/12\/Screenshot-2025-12-30-at-10.59.33-1024x572.png 1024w, https:\/\/amfi.ba\/wp-content\/uploads\/2025\/12\/Screenshot-2025-12-30-at-10.59.33-768x429.png 768w, https:\/\/amfi.ba\/wp-content\/uploads\/2025\/12\/Screenshot-2025-12-30-at-10.59.33-1536x858.png 1536w, https:\/\/amfi.ba\/wp-content\/uploads\/2025\/12\/Screenshot-2025-12-30-at-10.59.33.png 1622w\" 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-tour-coctails\/\" >\n\t\t\t\tMICROBALKANS25: Reel Tour &#038; Coctails\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>Check out the atmosphere of the MicroBalkans25 conference and unforgettable moments from the beautiful city that is hosting the Microfinance Leaders Region this year! With<\/p>\n\t\t<\/div>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/amfi.ba\/en\/microbalkans25-reel-tour-coctails\/\" aria-label=\"Read more about MICROBALKANS25: Reel Tour &#038; Coctails\" 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-7879 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-thank-you-all\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"168\" src=\"https:\/\/amfi.ba\/wp-content\/uploads\/2025\/12\/MB25-300x168.png\" class=\"attachment-medium size-medium wp-image-7880\" alt=\"\" srcset=\"https:\/\/amfi.ba\/wp-content\/uploads\/2025\/12\/MB25-300x168.png 300w, https:\/\/amfi.ba\/wp-content\/uploads\/2025\/12\/MB25-768x431.png 768w, https:\/\/amfi.ba\/wp-content\/uploads\/2025\/12\/MB25.png 824w\" 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-thank-you-all\/\" >\n\t\t\t\tMICROBALKANS25: THANK YOU ALL!\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>We want to thank all of our coorganizers, supporters and participants that made this years&#8217;s MicroBalkans25 Conference in Dubrovnik possible! Please, like and share our<\/p>\n\t\t<\/div>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/amfi.ba\/en\/microbalkans25-thank-you-all\/\" aria-label=\"Read more about MICROBALKANS25: THANK YOU ALL!\" 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>Facebook Google+ Twitter LinkedIn Sarajevo, 27\/03\/2012\u00a0\u2013\u00a0The analysis of the business operations of the members of the Association of Microfinance Organizations in Bosnia and Herzegovina illustrates that this sector continues to show positive results of the recovery following the crisis that impacted even the most developed financial markets. Negative trends of the microfinance sector in BiH [&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-1342","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>RECOVERY OF THE MICROFINANCE SECTOR - 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\/recovery-of-the-microfinance-sector\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RECOVERY OF THE MICROFINANCE SECTOR - AMFI\" \/>\n<meta property=\"og:description\" content=\"Facebook Google+ Twitter LinkedIn Sarajevo, 27\/03\/2012\u00a0\u2013\u00a0The analysis of the business operations of the members of the Association of Microfinance Organizations in Bosnia and Herzegovina illustrates that this sector continues to show positive results of the recovery following the crisis that impacted even the most developed financial markets. 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