Crystal Received Grand Prix at the Georgia’s Responsible Business Contest

Tbilisi, December 17, 2018 – JSC Microfinance Organization Crystal has been awarded a Grand Prix at the Georgia’s Responsible Business Contest – Meliora 2018. The awards ceremony took place in Tbilisi on December 13, bringing together 41 companies and 76 projects.

MFO Crystal Partners with Asia-based Fund Manager

JSC MFO Crystal, the largest microfinance organization in Georgia, received financing from EFA Group, a Singapore-based asset management firm specializing in private debt, to support its expanding activities. MFO Crystal and EFA Group have signed a senior unsecured loan agreement of USD 2.5 million.

GGF & Crystal to Expand Energy Efficiency Financing in Georgia

The Green for Growth Fund (GGF) has provided a senior loan of $1.5 million to new partner JSC MFO Crystal (Crystal) to expand green energy lending in Georgia. The largest microfinance organization in the country, Crystal primarily serves microentrepreneurs and farmers, with a strong focus on rural clients.


We support micro and small entrepreneurs and smallholder farmers throughout Georgia in realizing their business potential, reaching financial stability and improving their living standards. As a socially active player, Crystal offers responsible, innovative and green financial solutions, in combination with expertise critical for the customers’ economic success.

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