Mi-Bospo

What Mi-Bospo does

Mikrokreditna Fondacija MI-BOSPO (Mi-Bospo) is a Bosnia and Herzegovina microfinance foundation founded in 1996 and headquartered in Tuzla. It pioneered microcrediting in the country by issuing the first microloan (500 KM) and has since built a 38-branch network with approximately 200 employees serving both the Federation of BiH and Republika Srpska. Over ~25 years the foundation has cumulatively disbursed approximately 384,000 loans totaling 880 million KM to roughly 115,000 clients, of which 76% are women — making it one of the country's leading women-focused microfinance institutions.

The product portfolio spans specialized verticals: women-only loans (EKSTRA MIKROKREDIT ZA ŽENE, SUPER NOVA, PODUZETNICA, KREDOLLINA); youth and SME microcredits (OKredit, OBRT, Biznis mikrokredit); agricultural loans (AGRONA, AGRONA SPECIJAL, Kredinvest); housing and multi-purpose loans (Stambeni mikrokredit, Eurostan, MB KEŠ, Lego, REFINANS); and EBRD-GEFF energy-efficiency loans (EKO PLUS, EKO STAMBENI). Loan tickets range 300–10,000 KM at fixed nominal rates of 19–26% with effective rates (EKS) of ~21–36%, plus a 2% processing commission on sub-3,000 KM loans. Supporting digital tools include a credit calculator, an online credit application, and a Digitalization Navigator and Quiz for microenterprise clients.

Revenue is generated almost entirely from interest income on the microloan book, billed monthly, with ancillary commission and processing fees. Distribution is omnichannel: physical branches, a toll-free info line (0800 202 53), online applications, Viber and Facebook (including the MKF MI-BOSPO group), plus community events like "OKreni na uspjeh." Strategic capital and program partners include EBRD, EFSE, Sparkasse Bank BiH, the Mastercard Center for Inclusive Growth, the Microfinance Center, the University of Tuzla, and Women's World Banking (in which Mi-Bospo is the sole European member institution).

Name

Mi-Bospo

Legal name

Mikrokreditna Fondacija MI-BOSPO

Website

https://mi-bospo.org

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

251–500 employees

Short description

Mi-Bospo is a Bosnia and Herzegovina microfinance foundation headquartered in Tuzla that provides microcredit and non-financial services — primarily to women entrepreneurs, MSMEs, and youth — through 38 branch offices and digital channels across both BiH entities.

Ownership category

akta.pro rank

Product category

Microfinance / Microcredit Services

NAICS

Nondepository Credit Intermediation (5222), Credit Intermediation and Related Activities (522), Other Nondepository Credit Intermediation (52229)

SIC

Short-Term Business Credit Institutions (6153), Personal Credit Institutions (6141)

akta.pro primary industry

Microloans & Working Capital Loans (FSAKAGAA)

akta.pro secondary industries

Microfinance, Financial Inclusion & Inclusive Markets (BPAGABAM), Agricultural & Rural Microfinance (FSAKAGAG)

Keywords

• Microfinance lending
• Microcredit services
• Women entrepreneurship loans
• MSME financing
• Agricultural microloans

Headquarters

HQ city

Tuzla

HQ country

Bosnia & Herzegovina

HQ region

Europe

Offices43 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Microcredit Lending: MI-BOSPO generates revenue primarily through interest income on microloans provided to women entrepreneurs, MSMEs, and individuals. Loans range from 300 KM to 10,000 KM with interest rates between 19-26% nominal annual rates, plus processing commissions of 2% for smaller loan amounts.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Mi-Bospo is a microfinance foundation that disburses microloans (typically 300 KM to 10,000 KM, with maturities up to 60 months and grace periods up to 9 months) to women entrepreneurs, youth, agricultural borrowers, and micro/small businesses across Bosnia and Herzegovina. Its offerings are organized into specialized product lines—loans for women, business loans, agricultural loans, housing/multi-purpose loans, and energy-efficiency loans—alongside non-financial services such as business education, financial management training, and digital literacy programs. The organization distributes these products through 38 branch offices plus online tools such as a credit calculator and web-based loan application.

Product overview

MI-BOSPO (Mikrokreditna Fondacija) is a microfinance institution headquartered in Tuzla, Bosnia and Herzegovina, providing financial services primarily to women, youth, and MSMEs (micro, small, and medium enterprises). The organization operates a portfolio of specialized microcredit products organized into categories: loans for women (Krediti za žene) including EKSTRA MIKROKREDIT ZA ŽENE, SUPER NOVA, PODUZETNICA, and KREDOLLINA; business products (Biznis) including OKredit for young entrepreneurs and OBRT/Biznis mikrokredit; agricultural loans (Poljoprivreda) including AGRONA, AGRONA SPECIJAL, and Kredinvest; and housing/multi-purpose loans including Stambeni mikrokredit, Eurostan, MB KEŠ, Lego, and REFINANS. Additional services include a credit calculator (Kreditni kalkulator), online credit application, and energy efficiency loans under the GEFF program. The institution maintains a network of over 38 offices across Bosnia and Herzegovina with approximately 200 employees.

Differentiator

Problem solved

Functional benefit

Products and services

• OKredit Microcredit for young entrepreneurs under the 'Mladi u biznisu na Zapadnom Balkanu' (Youth in Business in the Western Balkans) program, supporting young aspiring and early-stage entrepreneurs including those wanting to register their own businesses.
• Stambeni mikrokredit (Housing Microcredit) Microcredit for housing needs including construction of residential units, renovation of existing properties, and funds for furnishing apartments and equipment.
• Robni krediti (Multi-purpose / Commodity Loans) Multi-purpose loans with special benefits for financing the purchase of consumer goods, travel arrangements, tuition, studies, automobiles, and similar purposes.
• Poslovni kredit (Business Microcredit) Business microcredits designed to help entrepreneurs invest in their businesses and access necessary funds quickly and easily.
• Kreditni kalkulator (Credit Calculator) Online tool that allows clients to obtain approximate information about the monthly installment amount for the MI-BOSPO credit product of interest.
• Online Credit Application Web-based credit application form that allows clients to submit loan inquiries to MI-BOSPO through the website.
• Lego Microcredit Multi-purpose microcredit ranging from 300 KM to 10,000 KM with repayment periods up to 60 months and a grace period option up to 9 months, designed for various needs including business, vacation, heating, education, and registration expenses.
• MB KEŠ (MB Cash Quick Credit) Fast cash loan for immediate liquidity needs up to 3,000 KM with repayment up to 24 months, designed for short-term needs like vehicle registration, driver's license exams, heating, and seasonal requirements.
• Eurostan Residential Microcredit Housing microcredit from 500 to 10,000 KM with repayment up to 36 months and an optional grace period up to 9 months; no processing commission fee applies.
• Agricultural Microcredits (AGRONA, AGRONA SPECIJAL, Kredinvest) Agricultural credit products covering farming operations and agribusiness needs, offered to farmers and agricultural micro-entrepreneurs across BiH.
• Energy Efficiency Loans (EKO PLUS - GEFF, EKO STAMBENI) Green/energy efficiency credit products under the EBRD Green Economy Financing Facility (GEFF) program for residential energy efficiency upgrades.
• Loans for Women (EKSTRA MIKROKREDIT ZA ŽENE, SUPER NOVA, PODUZETNICA, KREDOLLINA) A category of credit products specifically designed for women entrepreneurs, including EKSTRA MIKROKREDIT ZA ŽENE, SUPER NOVA, PODUZETNICA, and KREDOLLINA, supporting women's business activities, commerce, services, and agriculture.
• Business Microcredits (OBRT, Biznis mikrokredit) Business credit products including OKredit for young entrepreneurs, OBRT mikrokredit (Craft microcredit), and Biznis mikrokredit (Business microcredit) for entrepreneurs and SMEs.

Quantifiable outcome

• 380,000+ loans disbursed totaling 880 million KM over 25 years
• +2 more outcomes

Named customers3 records

Segments1 record

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core and major.

• Sparkasse Bank BiHcoreStrategic or Co-development PartnerPartnered with MI-BOSPO and University of Tuzla Faculty of Economics on the 'Naša učionica' project to provide digital literacy education for women entrepreneurs.
• University of Tuzla - Faculty of EconomicscoreStrategic or Co-development PartnerAcademic partner in the 'Naša učionica' project for digital literacy education.
• MFC (Microfinance Center)coreStrategic or Co-development PartnerMI-BOSPO and MFC jointly implemented the 'Digitalizacija mikropreduzeća' (Digitization of Micro-enterprises) project supported by Mastercard Center for Inclusive Growth to educate existing and potential clients about digital tools.
• Women's World BankingcoreStrategic or Co-development PartnerMI-BOSPO is the only organization from Europe that is a member of Women's World Banking, a non-profit organization providing strategic support and technical assistance to a global network of 56 microfinance institutions and banks serving women entrepreneurs in developing countries.
• Fondacija Mozaik and RolifymajorStrategic or Co-development PartnerPartnered with EBRD to support young people from Tuzla Canton through the 'OKreni na uspjeh – Registruj svoj biznis' (Turn to Success – Register Your Business) event for youth entrepreneurship.

Scale indicators11 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• EKI Microcredit Foundation (Mikrokreditna Fondacija EKI): BiH-based microcredit foundation offering microloans to individuals, MSMEs, and entrepreneurs across both BiH entities. Directly comparable in business model, regulatory classification, and target segments (women entrepreneurs, startups, small businesses, housing).
• Partner Microcredit Foundation (Mikrofin): One of the largest microfinance institutions in Bosnia and Herzegovina, headquartered in Sarajevo, focused on microcredit for MSMEs, agriculture, and housing. Closest direct comparable to Mi-Bospo in scale, geography, and product mix.
• LOK Microcredit Foundation (MKD LOK): Banja Luka-based microcredit foundation serving Republika Srpska with microloans to individuals and MSMEs. Comparable product suite (housing, business, agricultural credit) and similar non-depository foundation structure.
• ProCredit Bank Bosnia: ProCredit Group's BiH subsidiary, depository bank specialising in SME and micro lending with group-wide ESG/inclusion mandate. A bank-backed micro/SME competitor with overlapping target market and product taxonomy.

Broad incumbents

• Sparkasse Bank BiH: Full-service commercial bank with established micro and SME lending business, an active EBRD/EFSE partner in BiH financial inclusion, and known partner of Mi-Bospo on the 'Naša učionica' digital literacy initiative. Larger incumbent competing for the same women/MSME borrowers.
• Opportunity International: Global microfinance network serving entrepreneurs in developing markets with very small ticket loans — broad incumbent operating similar financial inclusion model to Mi-Bospo, although at much larger global scale and not in BiH specifically.
• Finca Impact Finance (FINCA International): Global microfinance and impact finance network serving low-income and women entrepreneurs via small-ticket loans. Broad incumbent in the same microfinance/inclusive finance category as Mi-Bospo, providing ecosystem and product-design comparables.
• Raiffeisen Bank Bosnia: Large universal bank with retail/SME lending in BiH; listed among Mi-Bospo's website partners and a credible incumbent competitor for housing and consumer credit above Mi-Bospo's ticket-size ceiling.

Others

• EBRD (European Bank for Reconstruction and Development): Mi-Bospo's main institutional funder; provides capital, technical assistance, and partnership credibility. Not a peer in lending products but a primary counterparty whose strategy and capital allocation directly shape Mi-Bospo's product roadmap (women, agribusiness, GEFF green).
• Women's World Banking: Global non-profit network of 56 MFIs/banks serving women entrepreneurs with which Mi-Bospo is affiliated as the sole European member. Provides strategic support, peer benchmarking, and product design frameworks that materially shape Mi-Bospo's women-focused strategy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/mibospo
• YouTubeyoutube.com/channel/UC0wMAYXU4qw9vZvxsBoNVEA
• Facebookfacebook.com/mibospo
• Instagraminstagram.com/mi_bospo

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mi-Bospo