Micro-Sunrise has developed into a strong and self-sustainable
microcredit foundation that has disbursed 98.380 microcredits during
2007 in the amount of KM 315.378.486. This has resulted in creation
of new and maintenance of existing jobs for more than 36.000
physical entities that mostly belong to the economically
underdeveloped entities /unemployed women, returnees, refugees,
etc/. Such significant results and social effects would probably
cease without your trust in our work and without your regular credit
payments.
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In the following three-year business period,
Micro-Sunrise plans to transform first into a Microcredit Foundation "Sunrise" (in April of
2008), according to the Law on Microcredit Organizations; after that
Microcredit Foundation "Sunrise", Sarajevo shall, together with the
investors, establish a Microcredit Company "Sunrise", Sarajevo. We
plan to increase the number of active clients on the market by
increasing the amount and the number of credits disbursed to the
targeted clients. Micro "Sunrise" expects to have 59.335 active
credits by the end of the planned period and disburse additional
114.047 credits in the amount of KM 454.263.400. Realization of the
above-mentioned goals significantly contributes to the establishment
of strategic-socio-economic goals of Bosnia and Herzegovina in
regards to the employment and poverty decrease by employing or
maintaining employment for another 200.000 physical entities.
Besides, these results would strengthen the financial stability of
microfinancial and financial sector as a whole. In order to realize
the above-mentioned goals, Micro-Sunrise shall:
A) Finalize the transformation process into the Microcredit
Company "Sunrise", Sarajevo
B) Offer more variety in credit products
C) Offer special conditions for the clients who are loyal to
Micro "Sunrise" /i.e. lower interest rates, etc/ We will also
simplify procedures for credit approval and disbursement and
therefore shorten the time from receiving credit application until
credit disbursment.
I offer my sincere gratitude to all hoping that you will continue
using our services. We hope that your honest and loyal relationship
will help us offer microcredit services to even larger number of
targeted clients. We also thank to all who, by giving honest
critical feedback, are wishing to improve contents and the method of
work of Micro "Sunrise." General Manager
Mirsad Milaviæ |