The social development bank for Europe

Women entrepreneurs in Bosnia and Herzegovina

As in many other countries, women in Bosnia and Herzegovina are disadvantaged in terms of access to the labour market, access to credit and asset ownership. The female labour market participation rate was 35 per cent in 2019, 23 percentage points lower than that of men. Women are also less likely to own the land or assets needed as collateral to obtain credit.

To address this gender gap, the CEB partnered in 2024 with Mikra Microcredit, a microfinance institution established in 1997 to promote the financial inclusion of economically vulnerable women and women-led businesses. Thanks to a guarantee from the Social Impact Account, the Bank was able to approve a €3 million loan to Mikra in 2024, which will finance microloans for women in rural areas. The loans will finance part of their investments and working capital needs, as well as energy efficiency measures in their homes.

Women entrepreneurs in Bosnia and Herzegovina