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Microlending has a massive potential for the economy growth

“Microlending has a massive potential for the economy growth. Modern businesses require modern ways to access to finance, especially when it comes to MSMEs. This is why all relevant stakeholders need to work together on the development of the relevant regulatory framework, as well as understanding the local conditions and development of financial digital services that fit the contemporary business needs. This is why we should look hard at the best practices in the microlending sector, already implemented in some of the European and surrounding countries, and try to find the best fit for the Serbian market.”

Jelisaveta Janić, Senior Attorney at Law, Vuković & Partners