Horizonti Microcredit Foundation in North Macedonia

Skopje, North Macedonia Better Finance, Microfinance


Horizonti is a specialist microfinance provider in North Macedonia.  It was founded in 2000, currently has eight branch offices around the country and provides microfinance for agriculture, business and housing.  Their micro housing loans fund housing reconstruction, repairs and renovation.  In addition, Horizonti provides free professional building advice in partnership with Habitat for Humanity North Macedonia.

Actors involved

  • Microcredit Foundation HORIZONTI
  • Habitat for Humanity



More information

In 2011 Horizonti received the European Best Practices Award from the Foundation Giordano Dell’Amore and the European Microfinance Network for its “Housing Microfinance for Roma and marginalized people” programme[1].  This project was developed with financial support from the Council of Europe Development Bank.[2]  The Roma Housing Fund offers loans ranging from EUR 500 to EUR 1,700 with a maximum repayment period of 30 months.  The loans have been used for roof reconstruction, adding toilets, and running water, room additions, heating systems, insulation and replacing doors and windows.

[1] European Microfinance Network, “European Code of Good Conduct for Microcredit Provision”, EMN Note (December 2011). Available at https://www.european-microfinance.org/publication/housing-microfinance-roma-and-marginalized-groups.

[2] For information on activities of the Council of Europe Development Bank for Roma, see https://coebank.org/media/documents/Roma_Brochure.pdf.