26 April 2024,   18:14
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Business under terror - " Cartu Foundation" demands microfinance organizations to annule debt at very law cost

Microfinance organizations are terrorized. A Part of the companies told Rustavi 2 the details of the meeting with the Deputy Minister of Finance .

It turns out that the ministry forces the intermediary companies, which are busy with the removal of loans, are forced to hand over these loans to Bidzina Ivanishvili"s foundation at very law price.

As one of theintermediary companies informed "Courier", they pay only six GEL for a 600-GEL loan. Those who refuse - are threatened.

Companies say they might stop working and hundreds of people will remain unemployed.

Recently, representatives of financial companies were summoned to the National Bank. According to them, the offer is not financially attractive to them .


"This and other regulations were spread very fast. In fact, we have received a number of different regulations in one year that makes a whole picture and of course it is difficult to addopt so many regulations in a short period of time . Very often we are in the role of political hostages, "Says Besik Shengelia, the Chairman of the Association of Microfinance Organizations.

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