EFSE secured loan of EUR 10 million for Mikrokreditna fondacija Partner

EFSE secured loan of EUR 10 million for Mikrokreditna fondacija Partner

The European Fund for Southeast Europe (EFSE), one of the largest investment funds in the world, has approved a EUR 10 million credit line to microcredit organization Mikrokreditna fondacija Partner (MKF) from Tuzla. The loan will be used for the further crediting of micro and small businessmen.

"The loan will increase the financial sources of Partner and will help expand its credit activities. In return, EFSE will increase its presence in B-H by making possible the extra crediting of more than 6,000 micro and small businessmen and it will help satisfy all larger demands for financing sources", said Sylvia Wisniwski, EFSE’s Chief Operating Officer.