LENDERS / PARTNERS
Triple Jump is a Dutch investment manager of significant European funds financing projects in developing countries on all the continents. Triple Jump manages funds with total amount of 775,000,000 euro, disbursed by over 150 financial institutions worldwide. One of them is Alter Modus. NOVIB (one of those funds) was our first lender, in 2001.
EBRD – European Bank for Reconstruction and Development set a precedent in 2004, by granting a million-euro loan to a non-governmental organization dealing in micro-crediting. Ever since, Alter Modus and EBRD have been improving their cooperation through long-term credit arrangements.
EFSE – European Fund for Southeast Europe, active in 16 countries with fund over 900,000,000 euro, since its establishing in 2005 has recognized Alter Modus as a partner institution with which it has got continuous cooperation through credit arrangements. In addition to this, through the programs of technical assistance, EFSE supports institutional development of Alter Modus, in terms of development of business-related important functions and through the program of trainings, giving contribution to the development of human resources.
ResponsAbility – is an agent, investment manager in area of investments seated in Switzerland. It is focused on investing in liabilities and capital of companies in developing countries, implementing inclusion business models. ResponAbility manages funds with amount over three billion US dollars, while the assets are disbursed to over 90 countries worldwide. The cooperation with Alter Modus began in 2015 and is being developed through new projects.
BiB – Bank im Bistum Essen is a German bank with total assets amounting to almost five billion euro. Through specialized programs it provides support to the development of micro-crediting in more than 60 countries around the world. In 2015, Alter Modus started cooperating with this bank and the cooperation is intensively being improved.
GGF – Alter Modus started financing energy efficiency projects through credit arrangement with Green for Growth Fund in 2016. The novelty in Alter Modus’ offer has significantly impacted improvement of internal knowledge and raising general public and clients’ awareness on applying energy efficiency measures, by influencing improvement of living conditions and energy savings.
European Investment Fund (EIF), part of European Investment Bank (EIB) is specialized for providing financial support to small and medium enterprises throughout Europe. As part of its mission, in 2021, EIF started collaboration with Alter Modus through their first credit arrangement. This collaboration has been additionally enhanced through other projects, including support to small and medium enterprises through Guarantee Fund, which contributes to development of local economy.
Frankfurt School Financial Services (FSFS) is a renowned investment company supervised by German Financial Supervisory Authority, specialized in investing in developing markets. As a representative of European funds, including GLS Alternative Investments – Mikrofinanzfonds, FSFS is focused on investments which reduce poverty, promote economic growths and contribute to environmental protection. Collaboration with Alter Modus began in 2016 through the first credit line.
Crnogorska komercijalna banka (CKB) is one of the first Alter Modus’ local partners. Focus of this collaboration is on credit lines and payment transactions services which supports business actovootes nad needs of Alter Modus’ clients.
NLB Banka, as a part of NLB group, is an important Alter Modus’ partner with which the cooperation has lasted since establishing. Collaboration is focused on providing wide range of services and support, which contributes to development of the company and satisfaction of Alter Modus’ clients.
Hipotekarna banka is a long-standing Alter Modus’ partner with wide range of services such as guarantees, revolving lines and card operations. Also, it ensures on-going support to clients in terms of payment transactions, which makes the bank a significant partner in accomplishing Alter Modus’ goals.