CREDO
  • 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.
Country: 
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: 
Loans
Shareholder Capital
Products and Services: 
Loans
Looking for (Investment Types): 
Loans in Local Currency
Loans in USD
% 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

Current
Name Relationship
AccessHolding Funding
BlueOrchard Funding
ConCap Connective Capital Funding
Deutsche Bank Funding
DWM Funding
EBRD Funding
Habitat for Humanity Network Affiliation
Habitat for Humanity Network Affiliation
IFC Funding
Incofin - Rural Impulse Fund Funding
Incofin Fund Funding
KfW Funding
Kiva Funding
KPMG Audit
MFC Network Affiliation
Microfinanza Rating Rating
MicroVest I Funding
MIX Network Affiliation
National Bank of Georgia Regulation
Oikocredit Funding
Oxfam Novib Fund Funding
responsAbility Global Microfinance Fund Funding
Symbiotics Funding
Treetops Capital Funding
Triodos Fair Share Fund Funding
Triodos Microfinance Fund Funding
Triodos-Doen Foundation Funding
Triple Jump Funding
World Vision Network Affiliation
Former
Name Relationship
GMSE Partner
Vision Fund Network Affiliation

Related Organizations

Current
Name Relationship
Triple Jump Advisory Services Partner
Former
Name Relationship
Azercredit Partner

At a glance

  • Assets
  • Gross Loan Portfolio
  • Equity

Contacts

  • Anna Trapaidze
    Public Relation Manager
    anna_trapaidze [at] credo [dot] ge
    995-32-247-00-87
  • Zaza Pirstkhelava
    CEO
    zaza_pirtskhelava [at] credo [dot] ge