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According to the Bank’s website, the project consists of a senior unsecured loan of up to EUR2 million under the Financial Intermediaries Framework (FIF).
In line with the FIF objectives, the proposed sub-operation will support private MSMEs in Bosnia and Herzegovina with medium-term funding and promote recovery of MSMEs in regions affected by the October 2024 floods.
Categorised FI (ESP 2019). Mikrofin is an existing client whose environmental and social (E&S) performance to date under existing exposures has been satisfactory.
A senior unsecured loan of up to €2 million under the Financial Intermediaries Framework (FIF).
Mikrofin d.o.o. Banja Luka is a non-bank microfinance institution ("MFI") founded in 1997. Mikrofin is the largest MFI in Bosnia and Herzegovina with a market share of approximately 32% (in terms of the gross loan portfolio) and total assets of EUR 224 million at YE 2023.
COMPANY CONTACT INFORMATION
Braco Erceg
berceg@mikrofin.com
+387 51 230 343
+387 51 234 210
www.mikrofin.com
MKD Mikrofin Vase Pelagica 22 78000 Banja Luka, BiH
ACCESS TO INFORMATION
You can request information by emailing: accessinfo@ebrd.com or by using this electronic form: https://www.ebrd.com/eform/information-request
ACCOUNTABILITY MECHANISM OF EBRD
The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.
You can contact the PCM at: pcm@ebrd.com or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en
You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html