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United States Agency for International Development (USAID)


A project together with USAID was initiated on September 27, 2010. The project was intended to strengthen the bank’s ability to finance loans to Georgian SMEs including agriculture, stimulating economic growth at the same time. Under the project the bank received 50% guarantee on its $6, 000,000 portfolio thereby acquired a new powerful tool to extend loans to SMEs under more favorable terms, enabling at the same time the most underserved SME segment receive affordable financing.

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