JSC Lazika Capital is a microfinance institution based in Georgia. Company was founded by Oxfam GB in 2000 to facilitate the access for low and middle income entrepreneurs to financial services adapted to their needs. Since becoming a separate, non-bank financial institution in 2007, Lazika has been a leader in the microfinance sector, maintaining its mission to empower low-income entrepreneurs in rural areas with access to financial services and promote economic development in Georgia. 100% of Lazika’s portfolio consists of loans disbursed to businesses, 51% of whom are conducting agricultural activities. As of December 31, 2020, Lazika Capital has a loan portfolio of $16.5 million serving over 13,900 clients, 51% of whom are women and 76% of whom live in rural areas. Lazika has a long track record of successful partnership with international financial institutions since 2007. Currently Lazika is funded by the leading impact investment funds, such as: BlueOrchard, Bank im Bistum Essen, Enabling Qapital, Grameen Credit Agricole Microfinance Foundation, Incofin, MCE Social Capital, responsAbility, Symbiotics, Triple Jump and others.