1 / 5

Micro-Financial Organisation In Georgia

Are you looking forward to setting up your own micro-financial organisation in Georgia? Opt for professional help to fulfil all the requirements. Know more- http://www.kaukapital.com/services/financial-companies/how-to-set-up-a-micro-finance-organization

Kaukapital
Download Presentation

Micro-Financial Organisation In Georgia

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Microfinance organization

  2. Activities allowed: Loans: personal, collateral, unsecured, credits, mortgages  Invest in state and public securities  Provide money transfert  Operate as an insurance agent  Offer consultation in microloan  Receive loan from resident and non-resident  Microleasing, factoring, refundment of bunds and promissory notes 

  3. Requirements  Minimum capital 250 000 Gel  Be registered under a JSC or LLC  Provide respective certificate from registry of companies to the NBG  Management of the company should present certificate of non-conviction  Information on the significant shareholder (10% and more)  Director or member of the board must not be director , shareholder or member of supervisory board in any commercial bank, non bank depository , or any other microfinancial organization

  4. Documents needed  Certificate of incorporation, memorandum and articles of the JSC or LLC  Criminal record on the last 10 years for every members of the board  Information about the applicant's and other members’ identity , who directly or indirectly own a significant share (10% or more), documents must be notarized and apostilled.

  5. www .kaukapital.com

More Related