ECLOF Georgia

ECLOF’s member in Georgia is JSC MFO Microfin, a microfinance institution based out of Tbilisi that caters mostly to urban clients from trade, services, and production sectors. Microfin’s mission is to “work with micro entrepreneurs in Georgia to provide proper financial solutions for their businesses, thus making them stronger and create development opportunities”. Microfin operates a unique branchless model, serving clients directly at their business or residence. Microfin issues loans to new clients within 24 hours using an innovative digitized process.

Head Office / Branch: Tbilisi

Key data

USD 1.04 million outstanding portfolio
659 clients

USD 1,500 average individual loan

Established in 2016
Head office in Tbilisi
1 branch
10 staff
40% loan officers

Loan Portfolio Composition

0%

Group

100%

Individual

0%

Institutional

Social Outreach

63%

Women

23%

Youth

0%

Rural

0%

Agricultural

Client Stories

Articles

Publications

Contact information

ECLOF Georgia – JSC MFO Microfin

Ms Lela Kiknadze
Executive Director

154 David Agmashenebeli avenue,
Tbilisi, Georgia

Email: info@microfin.ge
Website: www.microfin.ge
Phone: +995 03 22 55 335

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