• 96.3 million
    95,464
    1,008.4
    0.0
    108.7 million
    0
Mission:
Credo’s mission is providing sustainable financial services to the entrepreneurial poor and Georgian micro- and small businesses, with a preference for rural activities and those businesses that create income and employment opportunities for the poor.
Background and Main Challenges: 
Credo is a leader microfinance organization in Georgia with primary focus on fulfilment of financial and social missions. The point of difference for Credo is high service quality, innovative products and delivery which directed towards the improvement of customer well being.
Address: 
9, M. Asatiani Street
Tbilisi
0186
Georgia
Phone: 
995-32-247-00-87
Fax: 
995-32/21-24-93
Email: 
info [at] credo [dot] ge
Website: 
Main Funding Sources: 
Grants
Loans
Shareholder Capital
Products and Services: 
Loans
Services Provided: 
Full-scale Financial Services
Looking for (Investment Types): 
Equity
Loans in Local Currency
Loans in USD
Donations
Guarantees
% Operations Comprised by MF: 
91 - 100
Date established: 
May 1 1997
FYE: 
31-Dec
Regulated: 
yes

Social Performance Profile

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Start up loan is being piloted in cooperation with Kiva Microfund in rural Georgia
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1. Responsible Finance Campaign to educate customers on smart loan borrowing
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Partnerships

Former
Name Relationship
GMSE Partner
Current
Name Relationship
Incofin - Rural Impulse Fund Funding
Incofin Fund Funding
Kiva Funding
MFC Network Affiliation
Microfinanza Rating Rating
Oikocredit Funding
Oxfam Novib Fund Funding
Triodos Fair Share Fund Funding
Triodos Microfinance Fund Funding
Triodos-Doen Foundation Funding
Vision Fund Network Affiliation
World Vision Network Affiliation

Related Organizations

Current
Name Relationship
Azercredit Partner
Triple Jump Advisory Services Partner

At a glance

  • Assets
  • Gross Loan Portfolio
  • Equity

Contacts

  • Ljiljana Spasojevic
    Chief Executive Officer
    lspasojevic [at] credo [dot] ge
    995-32/21-24-92
  • Nestan Devidze
    Financial Analysis&Risk Officer
    nestan_devidze [at] credo [dot] ge
    +995 95 014424
  • Nika Kutateladze
    Marketing Manager
    nkutateladze [at] credo [dot] ge
    995-99566969

References