Microfinance Organization – Microcredit was founded on March 17, 2009. In February 2011, Microcredit was transformed into a joint-stock company.
The main business of Microcredit was the issuance of micro and small loans to individuals and legal entities in excess of GEL 50,000. Loans were issued in GEL, USD, and EUR.
Financial Institutions Valuation Service
we determined the Enterprise Value ( EV ) of JSC MICROCREDIT based on the following valuation methods :