EFSE - A development finance initiative

Success Stories

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  “It was a small operation but we had a strong business plan, and with the expert financial support and advice of MF Banka, we were able to grow our little chicken farm into a bigger one.”

  Velislav and Zaviša Simeunović
  Poultry Farming
  MF Banka, Bosnia and Herzegovina

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  “After years of renting premises, I finally invested in a practice to own outright. My advisors at Bank Republic laid out a realistic repayment schedule and they have been very helpful in many other ways. Now I can fully concentrate on my vocation.”

  Omar Baxturidze
  Dental Practice
  Bank Republic, Georgia

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  “Life as a grower isn’t always easy, but you quickly forget the hardship when you have a good harvest. We have progressed a lot thanks to loans from Mi-Bospo because they understand our business and we benefit from their experience.”

  Šemsa Karić
  Greenhouse and Tillage Farming
  Mi-Bospo, Bosnia and Herzegovina

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  “When you go into business on your own, you tend to make do with what you have and see credit more as a risk. I think that is a healthy approach in the beginning. But there comes a time when taking out a loan becomes an opportunity."

  Teimuraz Meqvevrishvili
  Food Oil Distiller
  Bank Republic, Georgia