The Loan Initiative for the Development of Economic Regions (LIDER) is a Bosnian micro-credit organization founded and owned by Global Communities that aims to bridge gaps in access to credit by offering a range of loan products to under-served clients. With more than 5,000 borrowers and a portfolio of over $7 million. LIDER helps Bosnian entrepreneurs and homeowners obtain the credit they need to expand their businesses, improve their homes and invest in their future.
To learn more, please visit LIDER's website.
Through the Innovating, Measuring and Promoting Poverty Alleviation by Cooperatives in Transition Societies (IMPPACTS) program, Global Communities worked with cooperative organizations to develop an environment that promotes and supports the growth of cooperative businesses.