MICROCAPITAL BRIEF: Lazika Capital of Georgia Borrows $1.6m in Local Currency from Grameen Crédit Agricole Foundation for Agricultural Lending, Microfinance

Lazika Capital, headquartered in western Georgia, has acquired loans totaling the approximate local-currency equivalent of USD 1.6 million from the Grameen Crédit Agricole (GCA) Foundation, whose head office is in Luxembourg. Established in 2000 by the British member of the NGO Stichting Oxfam International, Lazika is a