“Kamurj”universal credit organization has signed loan contract with ASIAN DEVELOPMENT BANK of about 1 billion AMD with 5 month term, due to which “Kamurj” will get the opportunity to provide available loans to individuals who are engaged in entrepreneurial activity, firstly to women stimulating the women entrepreneurship in Republic of Armenia and the engagement of women in micro, small and medium enterprise development.
“With the financing of Asian Development Bank the provided loans will get a positive response among our customers, as they are in AMD, have low rates, are as well aimed to solution of social problems and to the environmental protection. The half part of our customers are women, who trust Kamurj, we have woman entrepreneurs, who more than 30 times has used the loan provided by “Kamurj” for the purpose of expanding and developing their activity .
This program implemented in partnership with the Asian Development Bank will give us new opportunity to provide more available loans to our businessmen, especially to women, to promote to the expansion of the entrepreneurship in Armenian rural and urban areas.
As a socially responsible organization, we give much importance to signing such contracts, which give the opportunity to provide available AMD loans to our population at the same time contributing to the growth of Armenian economy and Small and Medium entrepreneurship”-mentioned the Chairman of the Board of “Kamurj” UCO CJSC Ara Aghayan.