Effective today, the maximum microloan amount that microfinance organisations in Georgia can issue to a single borrower has been increased from GEL 100,000 to GEL 200,000. The change comes following an amendment to the Law on Microfinance Organisations.

According to the National Bank of Georgia (NBG), this move is aimed at enabling microfinance institutions to expand their range of products and services, thereby offering greater financial opportunities to clients. The NBG also noted that the increased credit ceiling is expected to support the sector’s continued recovery and growth.

The last adjustment to the microloan limit occurred in 2017, when it was raised from GEL 50,000 to GEL 100,000.

Currently, Georgia is home to 29 registered microfinance organisations, which collectively manage a credit portfolio of GEL 2 billion. Notably, 95% of these loans are issued to individuals.

The sector has shown strong financial performance in recent years. In 2024, interest income from microloans rose by GEL 31 million compared to 2023, reaching GEL 463 million. Additionally, microfinance institutions reported a net profit of GEL 134 million—an increase of GEL 8 million year-over-year—demonstrating the sector’s solid growth momentum.