Georgian Capital’s Consumer Loan is a small general-purpose loan of up to 5,000 GEL with a term of up to 36 months. The stated nominal rate starts from 30% per year, with effective rates up to 50%.

Georgian Capital is a microfinance organization licensed by the National Bank of Georgia, lending to individuals and small businesses. Applications can be submitted online.

What's good

  • Online application
  • No co-borrower needed for small amounts

Trade-offs

  • Effective rate can reach 50%
  • Capped at 5,000 GEL