Georgia Micro Business Loans Now Go Up to 70,000 GEL
- 2 days ago
- 2 min read
The government has raised the ceiling on the Georgia micro business loan from 50,000 to 70,000 GEL, and the borrower still pays no interest.
The change took effect on 21 July 2026 and covers registered businesses with revenue under 500,000 GEL, including individual entrepreneurs.
A second tier of up to 150,000 GEL is now available to businesses that spend the first loan properly.
What the New Georgia Micro Business Loan Offers
Loans run from 20,000 to 70,000 GEL and are issued in lari only, through commercial banks and microbanks.
The Economic Development Corporation, which took over the programme from Enterprise Georgia, subsidises the full interest rate for five years, which is where the zero percent figure comes from. The bank must give at least a six month grace period on the principal.
Banks are also barred from charging issuance, servicing, undrawn tranche or early repayment fees.
Borrowers who use the first loan for its stated purpose can then apply once for a development loan of 70,000 to 150,000 GEL, provided they do so within 36 months of the first approval.
Who Actually Qualifies
The headline says every entrepreneur, but the decree sets four tests.
Business revenue must stay under 500,000 GEL, the same ceiling that governs small business status in Georgia. The business must have no tax debt with the Revenue Service and must not appear on the debtors' registry.
The founder's own personal income must stay under 100,000 GEL, which rules out a large share of well paid consultants operating as an individual entrepreneur.
The borrower must also own or hold documented use rights over the premises where the business operates, and hotels must own theirs outright. That single condition excludes most location independent founders.
What the Money Cannot Buy
The loan cannot be spent on vehicles, real estate, goodwill, company shares or fines. Special equipment used on site in production is the one vehicle related exception.
Hotel activity inside apartment buildings is excluded, and a separate annex to the decree lists sectors that cannot borrow at all.
Timing is tight. The first tranche of at least 20,000 GEL must be issued within three months of approval, the full amount within six months, and the money must be spent on its stated purpose within one year, confirmed by monitoring.
Approvals also pause if the Corporation's commitments run past its annual budget, so early applications matter.
What To Do Now
Check your last twelve months of revenue against the 500,000 GEL ceiling before applying.
Confirm you have no outstanding tax liability in your rs.ge account.
Gather proof of ownership or a registered lease for your business premises.
Prepare a spending plan that avoids vehicles, property and share purchases.
Read the amended programme text in Government Decree 338 of 20 July 2026 before signing anything with a bank.
A Georgia micro business loan is cheap money with real conditions attached, and the monitoring stage is where borrowers usually get caught.
Not sure how this affects your company? Our team reviews your structure and tells you what changes. Book your free consultation with Gegidze.
