ECLOF Armenia representatives visit to the Philippines

28 August 2014 | ECLOF Armenia developed new loan products inspired by the work of their Philippines colleagues.

Two members of ECLOF Armenia team, the finance manager Mr. Sargsyan and the Etchmiadzin branch manager Mr. Hakobyan visited the office of ECLOF Philippines in May 2014 to exchange knowledge and experience.


They visited the Bagio and Atok branches where they met with clients and had the opportunity to exchange experiences and knowledge with their Philippine colleagues, including familiarizing themselves  with ECLOF Philippines loan and micro-insurance products as well as with their client servicing practices. They also presented ECLOF Armenia‚Äôs products to the Philippines team.


The outcome of this visit was presented to the ECLOF Armenia staff at a workshop that took place in Stepanavan in June. The expertise gained from this visit has now facilitated ECLOF Armenia to develop new loan products based on client needs as well as a micro-insurance product.