B&H History on Microlending Postwar development Goals Access to fin services Institutional building Regulation Impact

MI-BOSPO The oldest microcredit organization in Bosnia and Herzegovina Serving women only: since 1996 More than clients More than 13 mill EUR in portfolio

Vision and Mission Financial services provider of choice for low income women entrepreneurs MI-BOSPO is microcredit organization lending to economically active low income women entrepreneurs in order to improve their economical poistion and living standard of their families

Clients We trade. We do agriculture. We do land. We knit and sew. We work 14 hours a day to do all of the above. We are enterprenuers.

Loan products: Amount:Up to 5,000 EUR Term: Up to 5 years Interest rate:From 18% Average loan amount approx. 900 EUR

Impact Difficult to measure –What would have happened if microcredit was not provided? Access to finance achieved New challenge for financial sector – deepened market penetration – lead to saturation? Internally: management and skills development for staff

Future Entrepreneurship development hand in hand with financial services –Women in Business Network What do women want? Clients protection – policy and service provision level – debt advice centers