How to Scale MFI using Tech




Mr. Archil Bakuradze is an entrepreneur who started his lending journey with a small charity of USD 10,000 and used technology to scale it to a portfolio of USD 150 Million. Today Crystal Micro Finance has 70,000 clients and operates across Georgia through a network of 60 branches.

Archil has been passionately working for financial inclusion and financial literacy in the eastern European country Georgia for the last 26 years.

We interacted with him to learn about the fascinating and inspiring story. He shares his learning on the following points 👉🏽

  • How to prepare the team for the change

  • Where and How to start

  • To build inhouse or to Subscribe

  • What to do when there are no clear regulations