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I. G&G and Micro finance

G&G has several years of experience in the design and management of microfinance and credit projects. G&G has also been undertaking pioneering work in Turkey to encourage a change in the law on microfinance and to develop new models to enable micro credit programmes to be introduced.

In Azerbaijan, G&G is managing a US $11.5 million line of credit to participating credit unions and borrower's groups. G&G has also co-financed at least 20 percent (US $2.3 million) of the credit line. Working on behalf of the Azerbaijan Ministry of Finance and with support from the World Bank, G&G has successfully entered into credit contracts with, disbursed loans to, and collected repayments from participating credit unions and borrower's groups. This project is just one example of our work. We include additional information about our microfinance projects in the next section.

Our professional staff has extensive practical experience in the arena of micro finance, both in Turkey and elsewhere.
This includes designing micro credit programs, training and developing institutional capacity to create Borrowers Groups and Credit Unions, as well as directing and implementing international donor-financed projects at the national level.

G&G is therefore well placed to offer support and technical assistance to organizations in Turkey which are interested in developing micro finance and credit programs.




 


 
 

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