There is growing consensus between all sides of the Georgian political spectrum that the issue of household and individual indebtedness has to be addressed. The problem is overwhelming
and often under-discussed – around 45% of people admit in surveys to carrying debt. This may even understate the problem as other macroeconomic indicators suggest the number
could be closer to 70%.
The guide explains the practical costs to households of different types of credit, ensures that people know what to look for in loan agreements and, perhaps most importantly, ensures that they are supported if they find themselves facing debt challenges.
The project is implemented in partnership with People in Need Georgia and aims at looking at the challenges surrounding debt and unsafe credit practices in Georgia.
GeoWel is a research partner for People in Need (PiN)’s pilot project, which is funded by ENPARD. The project provided assistance to the three largest agricultural VET providers in Imereti, as well as to the Veterinary Association and the Builders’ Association.
GeoWel is a research partner for the People in Need (PiN)’s Local Action Group (LAG) Kazbegi project. This is a pilot project funded by ENPARD and the aim is to help local communities to mobilize, identify priorities for development and address them with the initial support of the project.
