Signature(s)
Amount
€ 4,100,000
Countries
Sector(s)
Georgia
: € 4,100,000
Credit lines
: € 4,100,000
Signature date(s)
17/09/2019 : € 4,100,000
Link to source
Data sheet
Other links
Summary sheet
Release date
16 April 2019
Status
Reference
Signed | 17/09/2019
20190115
Project name
Promoter - financial intermediary
CRYSTAL MICROFINANCE
JSC MFO CRYSTAL
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 4 million
not applicable
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
The project consists of a loan of up to EUR 4.14m (Equivalent in USD) to finance the microfinance portfolio of Crystal, a microfinance company in Georgia.
The project will provide access to finance for micro/small enterprises specifically targeting women and populations living in rural areas.
Environmental aspects
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Link to source
Summary sheet
Other links
News & Stories
Link to source
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