Microbalkans24: A Microfinance Conference Organized in Sarajevo

During 31 October – 1 November 2023, Pavol Kapsdorfer, MFC Network and Partnership Manager participated at the Microbalkans24, a microfinance conference organized in Sarajevo, Bosnia and Herzegovina. He presented the position of the Balkan microfinance sector in the European microfinance market as well as MFC observed trends and develoments of the microfinance sector.  Ewa bankowska, MFC Deputy Director, participated online with her presentation on Borrow wisely campaign, recognizing the Balkan sector for ongoing commitment to social mission and their client’s ethical treatment, educating them and their families on how to borrow wisely. 

The conference brought together experts from the microcredit sector of the Western Balkans, as well as key stakeholders from the region and beyond, to discuss the most important topics shaping the future of the microfinance sector.  

This event represented a key step towards the establishment of the Alliance of Microfinance Institutions for the Western Balkans, with the aim of improving the business environment and strengthening cooperation among microfinance institutions. During the event, a Memorandum of Understanding (MOU) between other MFC members, microfinance associations from Western Balkan countries has been signed to formalize this important initiative.