Supporting inclusion through microfinance in Georgia
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Approval date
13 June 2025
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Borrower
JSC Microbank Crystal
- Country
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Loan size
€ 8 000 000
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Line of action
Supporting Jobs and Economic and Financial Inclusion
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Status
In progress
A Programme loan to support the Borrower’s microfinance activities for job retention, preservation of income generating activities and self-employment in Georgia by facilitating access to financial resources for small businesses, microbusinesses and individuals, with limited or no access to the traditional banking system. The CEB loan will partially finance working capital and fixed investment needs, including agricultural investments of microcredit clients.
Final beneficiaries: Micro-entrepreneurs and microenterprises, including women entrepreneurs and smallholder farmers.