In 2018 the profits of microfinance organizations
amounted to GEL 31,124 732 that is GEL 13 426 238 less than in the previous
year. Last year the net profit of MFOs made GEL 44, 550, 970. The microfinance
institutions revenues from loans to
individuals amounted to GEL 353,254,741 while
income earned from loans to legal entities - GEL 3,270,875.
Microfinance organizations paid GEL 13,267,516 as profit tax in the reporting period.