Sarajevo
Bosnia and Herzegovina
 
 
 
   
 
 
About us  

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.

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


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