The social development bank in Europe

ProCredit Georgia

  • Approval date

    5 July 2019

  • Borrower

    JSC ProCredit Bank

  • Country

    Georgia

  • Loan size

    € 25 000 000

  • Line of action

    Sustainable and inclusive growth

  • Status

    In progress

This EUR 25 million Programme loan will part-finance investments undertaken by MSMEs including fixed assets acquisition, construction or extension of business premises and working capital. Final beneficiaries will be employees of eligible MSMEs and job seekers throughout Georgia who will benefit from the creation of new permanent and seasonal jobs, and the preservation of existing ones.

CEB to support job creation in Georgia

Press release 9 July 2019