Large microfinance organization (MFOs) report that the volume of immovable property owned by them decreased annually.
In the first quarter of 2024, "Crystal" owns the lagest volume of property among the top MFOs that amounts to GEL 439,000 followed by "Micro Business Capital" with GEL 242,300, the third is "Leader Credit" with GEL 204,300, fourth place is taken by "Lazika Capital" with GEL 145,800, and "Rico Express" on the fifth place with GEL 95,470.
It’s worth mentioning that the microfinance sector’s profit has increased by 10% annually. The microfinance sector is currently represented by 34 companies.
