Microcredit Ltd. is a new microcredit financial institution, founded by the factoring company Financial Solutions, with a clear goal to respond to the needs of users who are looking for more accessible, transparent and simple financial solutions. Microcrediting brings a portfolio of fast and clearly defined loans to the Montenegrin market, from smaller cash loans for individuals to development loans for micro and small enterprises and entrepreneurs. At the heart of the business model is the belief that digital efficiency and responsible lending can and must go hand in hand.
We talk to Vanja Stanišić, Director of Microcredit, about what it offers, who it is intended for, and what sets it apart on the market.
What specific needs of the Montenegrin market do you respond to with your MFI Microcredit offering?
Our approach is based on careful listening to the market and the real needs of people, from citizens and entrepreneurs, to farmers and craftsmen. Although the market offer seems very broad at first glance, in practice many clients have difficulty accessing financing, either due to procedural requirements and formal obstacles or simply because these solutions are not adapted to their needs and business rhythm.
We believe that the market would benefit from more flexibility in terms of terms, repayment, and the application process itself. Some of these insights are confirmed by data indicating that access to finance remains one of the main obstacles to the development of micro and small enterprises in Montenegro.
That is why our goal was to offer value through accessible, simple and customized products. We offer fast cash loans, mortgage microloans, as well as development and investment loans for the economy. All products are clear and transparent, and the process is maximally simplified, with minimal need for clients to physically come to the branch.
Why did Financial Solutions enter the microcredit sector?
After four years of providing liquidity support to more than 200 Montenegrin companies through factoring, totaling almost 80 million euros, it was natural to take a step further. We wanted to further expand the way we respond to the real needs of citizens and businesses. Thus, Microcrediting was born, as a logical continuation of our mission to build a better world of finance, and support as many companies and individuals as possible in accessing finance.
One of our goals is to transfer the values we have built through our work with the economy, such as trust, speed and understanding, to other segments. The microfinance sector in both the region and Europe is undergoing a transformation, which includes digitalization, stronger regulation and a greater focus on sustainability. We want to be part of that change from the very beginning, to combine digital efficiency with clear rules and a human approach, thereby building trust and long-term relationships.
For which segments of the economy are you planning loan packages and what guided you in making that choice?
When designing the offer, we were guided by a double challenge: how to preserve liquidity and how to enable development at the same time. For micro and small companies, especially in sectors where seasonality is pronounced, a fast and flexible source of funds is not a luxury, but a necessity.
That's why we offer short-term loans for working capital, such as the "Microcredit for Growth" line, which brings up to 30.000 euros for entrepreneurs and up to 50.000 euros for companies, with a term of up to 24 months. These products allow them to overcome periods of irregular income or finance inventories and current expenses. On the other hand, development loans such as the "Microcredit for Development" or the "Entrepreneurial Investment Loan" allow for the purchase of equipment, vehicles, tools, investments in infrastructure or a new service. Some also have a grace period of up to three months, so that the user can start repayment only after the investment is made.
How do you ensure adaptation to different client profiles?
Different profiles require different product structures and process logic. We have organized our offer in a modular manner, from individuals to micro-enterprises.
For example, for citizens with urgent needs, we offer simple products such as "2na2" - up to 2.000 euros, up to 24 months, with minimal documentation and the possibility of processing within 24 hours. For entrepreneurs, we have developed products that allow for payment directly to the supplier, with the possibility of a grace period. We also have consumer loans for home furnishing, vehicles, and even basic investments in the quality of life.
Can lending be both fast and responsible?
In the digital world, speed is a given – but its true value comes only when paired with clarity and trust. That's why our process combines efficiency with accountability.
For smaller loans, such as "2 on 2", due to limited risk and simple structure, the decision is made within 24 hours, based on predefined parameters. For more complex loans, such as development or mortgage loans, we include an assessment of income, collateral value, seasonality and additional risks.
But what remains unchanged is the obligation for every client to know exactly under what conditions they are taking out a loan. This includes everything - interest, refinancing options, consequences of default. This reduces misunderstandings, builds trust and contributes to a healthier financial market.
You have mentioned responsibility and sustainability several times. What does that mean specifically in your approach?
We do not see ourselves as an institution that only “gives loans”. Our goal is to be someone people can turn to when they are looking for a solution, not just funds. We believe that credit should be a tool that helps, to solve a specific challenge, open up space for growth, and leave something good behind. That is why we carefully build our internal processes, digital tools and communication methods, so that we are able to make decisions that are fair, fast and understandable. In the end, the most important thing for us is that the client feels that someone has really thought about their situation, and offered them what really makes sense, for them and for us.
If you could describe Microcredit in one word – what would it be and why?
If I had to say one word, it would be... consistency. Because trust is not built through campaigns, but through the way we do our job every day. Consistency in what we offer, how we communicate, and the kind of relationship we build with clients is what, I believe, makes the difference.
For more information about the offer and products of MFI Mikrokreditiranje, visit www.mikokreditiranje.me or call 067 07 02 02. Follow @mikrokreditiranje on Instagram for regular information and news on the offer and stay up to date. For more information about the offer and products of MFI Mikrokreditiranje, visit www.mikokreditiranje.me or call 067 07 02 02.
Follow @mikrokreditiranje on Instagram for regular information and news on the offer and stay up to date.
( MFI Microcredit Ltd. )
