Alliance Group Leasing (AGL) in Georgia aims to improve the country's business environment and supports micro, small and medium enterprises (MSMEs) by means of providing access to proper productive equipment through financial and operational lease. From the inception AGL has served more than 4,000 clients.
Its innovative approach and plans to grow the share in green financing (for example e-bikes) and agriculture makes it a good fit with Triodos Sustainable Finance Foundation. With its loan to AGL, Triodos Sustainable Finance Foundation supports MSMEs in Georgia and – as AGL's first international investor – it helps AGL to improve its investment profile for potential funding from other international investors.
KEY INDICATORS as of 31 December 2016:
- number of loan clients: 127
- percentage female clients: 19%
- percentage rural clients: 5%
- average loan amount: EUR 18,632
- number of savings clients: -