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Armenia

Eurasia

Statistics
1

55,885
Clients
$62M
Loan Portfolio
$1,681
Average Loan
28
Service Outlets
1999
Year Founded
 

Featured Testimonial

Goharik Martirosyan

Thanks to her family’s hard work, her sound business skills, and FINCA loans, Goharik's traditional Armenian ceramics business has continued growing. The family’s living standards have improved along with the profits from the business.

Products & Services

Individual Loans
Small Solidarity Group Loans
Small & Medium Enterprise Loans
Rural & Agricultural Loans
 

Facts about Armenia

After the global financial crisis, Armenia’s economic growth slowed significantly; the percentage of Armenians living in poverty increased from 27.6% in 2008 to 35.8% in 2010.Remittances, or money sent into the country from Armenians working elsewhere, make up 12% of the country’s gross domestic product (GDP).

Established in 1999, FINCA Armenia serves clients through 28 offices throughout the country. FINCA capital is helping to build microenterprises in agriculture, production and services in urban and rural areas. FINCA Armenia’s loan products—individual, solidarity group, rural and local currency loans—support clients’ diverse needs.

36%
Living below Poverty level
$5,900
Average Annual Income
83%
Financially Excluded 2

1 Information is updated on a monthly basis.
2 Population lacking account at formal financial institution.

 

Contact

 
Head Office
Agatangeghos Street, 2a
Yerevan, Armenia 0023

 

 
Telephone
+374-10-54-55-31
+374-10-54-55-32
+374-60-46-56-11
 

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