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ASPEKT establishes presence in the Bosnian market

July 2013, Sarajevo, Bosnia and Herzegovina

ASPEKT signed agreement for implementation and installation of the Aspekt Microfinance Software for Micro-Credit Foundation EKI, Sarajevo, Bosnia and Herzegovina.

With increased operations and expanding growth plan, MCF EKI needed a centralized system in which the client will integrate and unify all business operations. The implementation and installation of the Aspekt Microfinance Software for MCF EKI is a substantial project that is intended to respond completely to client’s expectations and needs, by integrating all decentralized operations and automating all manual and semi-manual operations of the client, thus providing value added features that will increase the operational performances.

Microcredit Foundation EKI (MCF EKI) was established as a result of the Micro-Credit Program of World Vision International (WVI) in 1996. The first branch office of the WVI Micro-Credit Programs WVI was started in Zenica, and four years later WVI expanded their operations at seven more locations in the Federation and the Republic of Serbia. In March 2001 they got officially registered under the name Microcredit Organization EKI (MCO EKI). They operated under that name until 2008 when the Microcredit Organization EKI changed registration into a Microcredit Foundation EKI and today the organization successfully operates on the Bosnian market with more than 50 branch offices.