Vitas Group
Vitas Group is a for-profit microfinance organization. Vitas Group was founded on the belief that small business owners who are ineligible to bank services deserve equal chance to access reliable and affordable financing to grow their business and improve their living standards and spur local economies.
Vitas has more than a 20-year track record of success in lending to micro and small businesses in the middle east and Romania, and unique achievement in creating social impact. Vitas is licensed by central banks and operates in Romania, Lebanon, Jordan, and Iraq.
Mission
Vitas Group strives to provide financial products and services that respond to our clients’ needs and foster the long-term development of individuals, their businesses, their families and their communities.
Vision
Vitas Group believes that all people with a desire and capacity to improve their lives should have access to the financial services they need to help them realize their potential and become full social and economic participants in their communities.
Our Ingredients
Underwriting Ability for Un-Bankable Loans
With personalized door to door sales approach with minimum collaterals. Business and personality assessment is conducted.
Ability to Launch in New Markets
Actively pursuing strategic partners and opportunities for expansion beyond MENA.
Proprietary Client Management Platform
In-house development of top notch data system that is based and managed by tech team in Serbia.
Experienced Management Teams
Committed local professionals serving Vitas over 18 years.
Proven Track Record of Impact Investment
Since 2004, Vitas companies have disbursed more than $3 billion to over 1 million customers in 5 countries.
Low Default Rate
Vitas companies have had a consistent annual default rate under two percent. This comes as result of proper assessment of repayment capability.
We make the creative
solutions for Problems
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