Helping small businesses power a greener future
Helping small businesses power a greener future
For small businesses, energy costs are increasingly causing uncertainty. This is especially true in hospitality, where electricity is a major operating expense and prices for businesses are significantly higher than for households.
That is why access to green finance matters. It helps businesses invest in solutions that reduce costs, improve stability, and support cleaner operations.
Restaurant Kod Čede is located in Branjevo in the municipality of Zvornik, Bosnia and Herzegovina. Led by owner Čedomir Pavlović, the family business has served its local community for more than 20 years.
With financing from MCC Partner, supported by GGF, the restaurant installed a rooftop solar power system. Now the business generates a portion of its own electricity, lowering emissions and energy costs.
Purpose of the project
Kod Čede operates in the hospitality sector and, like many small businesses, it’s facing rising operating costs, especially electricity.
In hospitality, energy is needed every day to keep kitchens, refrigeration, lighting, and customer spaces running. This electricity is far more expensive than for households, placing direct pressure on profitability.
As Pavlović explained: “I decided to install solar panels because I saw them as an opportunity to achieve significant savings in my business.”
He also noted: “In the hospitality industry, electricity costs are significantly higher, and every kilowatt consumed is up to three times more expensive than for households.”
The investment responds directly to this challenge. By generating renewable energy on-site, the restaurant reduces its dependence on grid electricity and can manage costs more predictably over time.
When small companies adopt cleaner and more efficient technologies, they show that the energy transition is not only for large corporates and major infrastructure projects. It’s happening right now on the rooftop of a family restaurant.
Impact of the project
The rooftop solar system now helps power Kod Čede’s daily operations.
This means lower electricity expenses and reduced exposure to future energy price rises. In a sector where margins are sensitive to operating costs, these savings matter.
The investment also supports cleaner operations. By using renewable energy, Kod Čede is lowering its environmental footprint while demonstrating that small enterprises can take practical steps toward sustainability.
GGF has partnered with MCC Partner in Bosnia and Herzegovina for 14 years, providing dedicated investments and EU-supported advisory and capacity building to help clients improve energy efficiency and reduce air pollution.
About the company
About the company
Partner Microcredit Organization has been successfully providing microcredit services for 27 years. With a network of 71 branches and more than 300 employees, the organization is present throughout the entire territory of Bosnia and Herzegovina.
Through its work, Partner Microcredit Organization has demonstrated that microfinance is a key driver of economic development in Bosnia and Herzegovina, enabling clients to realize their business ideas, improve their standard of living, and enhance their housing conditions.
As a leader in financing energy efficiency measures, the organization is strategically committed to making a positive impact on the environment.
Restaurant Kod Čede is a hospitality business based in Branjevo, in the municipality of Zvornik, Bosnia and Herzegovina. The business is led by owner Čedomir Pavlović.