Fitch Affirms MFO Crystal at ‘B’, Outlook Stable
London-18 June 2019: Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDRs) of JSC MFO Crystal at ‘B’ Outlook Stable. The rating is reflection of company profile, asset quality, profitability, other assessment factors and recognitions.
MicroBuild Fund’s Visit in Crystal
Financial inclusion organization Crystal, Habitat for Humanity International – the sponsor of the MicroBuild Fund and Triple Jump, MicroBuild Fund’s Manager together hosted the fund’s governing board and the investment committee to meet with client. Meeting purpose was to personally meet with client, to assess funding impact.
EIB Boosts Its Support to Crystal Through EUR 4.1 Million Facility
EIB and JSC MFO Crystal support microenterprises in Georgia through a new financing operation. EIB loan is expected to improve access to finance for around 10,000 micro-entrepreneurs, women, young and disadvantaged people living in rural areas.