Crystal MFO and BPN Georgia Sign Understanding Memorandum


Crystal microfinance organization and BPN Atlanta has signed mutual understanding memorandum for a period of Several years. The memorandum calls for reinvigorating the potential of micro in addition to small enterprises (MSE) and changing knowledge of entrepreneurs operating administration field.

The described goal will be reached through a joint product, besides microfinance services given by Crystal. BPN will hold classes inbusiness management grounds.

Our objective is that our customers maximally maintain profitability together with timely identify the pre-existing growth potential operating, maintain competitive power and develop critically necessary skills accordingly. BPN holds corresponding overseas experience in entrepreneurs training field and we are in this phase to aviator this model during cooperation with them. Really is endless our expectations will probably justify fully along with based on the received understanding our clients may resolve any complications with success, Kakha Gabeskiria, Crystal microfinance organization’vertisements chief operational specialist, noted.

BPN wants business owners to have skills for achieving professional level and offer products and services, which will market a growth of ideals. This may be achieved although multi-year professional coaching together with practice-oriented trainings in the business owner field. Cooperation utilizing Crystal enables to work with target credits together with help entrepreneurs that will reasonably use credits on behalf of entrepreneurs, Very and BPN. Experience of alternative countries have indicated that economy may be manufactured by domestic entrepreneurs by creating new job places, Dennes Wilhelm, BPN executive director, famous.

Crystal is one of the leading nonbank loan companies, which serves regarding 70 000 mini entrepreneurs and saying in Georgia through small grants and other financial services. The firm owns 57 branches and service centers. The organization employs more than Nine hundred qualified persons and its particular crediting portfolio exceeds Two hundred million GEL.

Business Specialists Network (BPN) is a group of business professionals, which will promotes creating perspectives and strong entrepreneurship component entrepreneurs, their families, utilized persons, the whole community and country. All of our objective is to promote the potential of talented tradesmen and small business men.


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