JSC “Micro Business Capital” (MBC) was founded in late 2012 and in the beginning of 2013 got registered in the National Bank of Georgia as a microfinance organization.
During the early stages we developed a network of service centres throughout Tbilisi. Currently company owns one headquarter and six service centres in the districts of Saburtalo, Didube, Gldani, Isani and Varketili. From 2016 we began regional expansion by opening new service centre in Rustavi. In 2017, we plan to add two new branches in Batumi and Kutaisi. In the future MBC plans to expand service center newtwork in Tbilisi as well as in regions.
We strongly believe that our employees are a source of success for our company. Our team is guided by internationally recognized principles of corporate governance and adhere to the highest ethical standards. At the present time company employs more than 90 highly qualified professionals dedicated to providing a consistently high level of service. Our management promotes healthy competition and transparency of business.
Company’s organizational structure is based on Georgia's legislation and international experience. The governing body comprises of the General Meeting of Shareholders, the Supervisory Board, and the Board of Directors. Supervisory board controls activities of the Board of Directors, determining company's strategic goals and objectives. Top management consists of highly skilled professionals, who have years of experience in the banking sector.
MBC has a market-oriented credit strategy, the main goal of which is to create risk-weighted and diversified credit portfolio. We pay special attention to the effective management of credit and market risks, as well as liquid assets. The main priority of the credit policy is micro business lending. The aim of the company is to establish credible and recognizable brand name on Georgian microfinance market. To reach this goal the company’s main advantages are: experienced team, stable financial partners and efficient organizational structure.
MBC's mission is to increase financial inclusion and for more individual make available to engage in economic activities by offering customer oriented accessible financial services. This will contribute to country's economic and social development as well as fight poverty and unemployment.