GEO: Financial Inclusion for Micro and Small Enterprise Growth

The ADB transactions will support financial inclusion for MSMEs and farmers. The proposed ADB assistance comprises (i) a proposed loan of up to $23,000,000 or its lari equivalent to Credo Microfinance Organization (Credo); (ii) a proposed loan of up to $7,000,000 or its lari equivalent to FINCA Bank Georgia (FBG); and (iii) proposed loans to TBC Bank (TBC) consisting of (a) a subordinated loan of up to $50,000,000 or its euro equivalent or its lari equivalent, and (b) a senior loan of up to $50,000,000 or its euro equivalent or its lari equivalent, for the Financial Inclusion for Micro and Small Business Growth in Georgia.