Georgian Credit is one of the country’s smaller microfinance institutions with 14 branches and 7,000 customers. Nevertheless, the institute was able to win various new investors in the last 12 months of 2018 and expand its loan portfolio to around EUR 12 million at present. In the first quarter of 2018 in particular, the customer base increased significantly. The growth strategy goes hand in hand with the development of new customer-specific credit products, which are specifically geared towards creating and improving agricultural infrastructure. In addition to access to agricultural land, the focus is primarily on the issue of resource efficiency, for example through the financing of efficient irrigation systems and energy supply.
