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
USD 5.2 million outstanding portfolio
2,011 clients
USD 2,793 average individual loan
USD 1,733 average institutional loan
Established in 1999
Head office in Etchmiadzin
5 branches
33 staff
45% loan officers
Group
Individual
Institutional
ECLOF Armenia – UCO
Mr Tsolak Malkhasyan
Executive Director
2/1 Bagramyan str.
Etchmiadzin 1105
Republic of Armenia
Email: eclof@eclof.am
Website: www.eclof.am
Phone: +374 60 37 30 60
Fax: +374 60 37 30 61
