MFO Crystal Partners with Black Sea Trade and Development Bank

Istanbul, June 17, 2019 – JSC MFO Crystal and Black Sea Trade and Development Bank signed senior loan agreement of GEL 15,000,000. The facility intends working capital financing for industrial, agricultural and manufacturing enterprises for Georgia based entrepreneurs.

Microfinanza (MFR) rates JSC MFO Crystal with ‘A-‘

Milan, May 15th , 2019: Global Rating Agency MFR (MicroFinanza Rating) and its Social Rating Committee – based on the Social Rating scale adopted by MicroFinanza Rating – has assigned to the Financial Inclusion Organization Crystal the Grade: sA-

Crystal Management Team to be led by Ilia Revia

Kutaisi, Tbilisi, 23 May 2019 – JSC MFO Crystal is pleased to announce the appointment of Ilia Revia as Chief Executive Officer, effective from June 3, 2019. Ilia Revia worked in IT sector since 1998.



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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