Oikocredit Lends $1.9 Million to Bosnian Microfinance Institution PRIZMA

Oikocredit made a three-year, $1.9 million loan to Bosnia-based PRIZMA. PRIZMA was established in 1997, following a long conflict with Serbia. The microfinance institution provides loans averaging $707 to 15,805 clients, according to MIX Markets’ 2005 data. In addition, it had assets of $11.5 million and a loan portfolio totaling $11.2 million, with a debt to equity ratio of 96% and return on assets of 2.7%.

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