ECLOF Armenia

ECLOF Armenia is registered as a Universal Credit Organization and owned jointly by local ECLOF Foundation and ECLOF International. Based in the town of Echmiadzin and with a network of branches in different regions of the country, ECLOF specifically targets communities that are economically underdeveloped, close to the country-border or populated with refugees. The farmers and micro and small enterprises ECLOF Armenia serves, reside exclusively in rural areas.

Head Office: Etchmiadzin
Branches

Key data

USD 4.8 million outstanding portfolio
1,649 clients

USD 1,585 average individual loan
USD 3,602 average institutional loan

Established in 1999
Head office in Etchmiadzin
13 branches
31 staff
42% loan officers

Loan Portfolio Composition

0%

Group

81%

Individual

19%

Institutional

Social Outreach

40%

Women

13%

Youth

100%

Rural

36%

Agricultural

Publications

Contact information

ECLOF Armenia – UCO

Mr Hayk Hovhannisyan
Acting Executive Director

48 St. Mesrop Mashtots, Area 40
Vagharshapat (Ejmiatsin), Republic of Armenia
Postal code: 1101

Email: eclof@eclof.am
Website: www.eclof.am
Phone: +374 60 37 30 60
Fax: +374 60 37 30 61

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