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.
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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 30% in 2014. Remittances, or money sent into the country from Armenians working elsewhere, make up 14% of the country’s gross domestic product (GDP).
Established in 1999, FINCA Armenia serves around 45,000 clients through 37 offices throughout the country. FINCA capital is helping to build microenterprises in agriculture, production and services in urban and rural areas. FINCA Armenia offers individual, small group, SME, agriculture and local currency loan products, insurance and foreign exchange service to support clients’ diverse needs.
Head OfficeAgatangeghos Street, 2a
Yerevan, Armenia 0023