Services and products

Poor clients, without adequate capacities to make productive investments, would require access to non-financial services in addition to those of financial nature. These services may take the form of training to build specific skills like marketing and financial management and promotion of economic opportunities specifically suited for the local context.

The non-financial services provided by MDF include but are not limited to Technical assistance (TA), Advisory services (AS) and Small grants (SG), inimitably tailored for its clientele groups.

The TA component will support farmers to have access to new farming technologies, seeds, small equipment and different input suppliers with proven reputation. The TA efforts will also help small farmers to access and utilize resources from various donors, particularly by helping them in writing business plans, proposals, budgeting and basic accounting.

The AS component will encourage access and use of new farming and processing technologies and innovative approaches, advise seasonal planning, marketing and establishing cooperation of farmers.

The SG component will encourage new and ecologically sound farming, to cope with unstable cash flows, risks associated with weather, dealing with perishable products, etc. Small grants will be provided to a limited number of farmers who find borrowing the first loan too costly/risky to start a new and innovative farming initiative.


Both financial and non-financial services are offered by MDF. To be noted that financial services are being provided via KAMURJ, the subsidiary universal credit organization. Non financial services are provided by MDF, which is the non-financial block of the whole structure.

MDF continuously improves and diversifies the range/package of its services to ensure institutional growth, client retention, and increased customer loyalty and satisfaction with all aspects of the fund's operations.

That was within the strategy of MDF to establish a credit organization to separate financial services from its core non-financial services. That’s notable to mention that in this way MDF aims to reach a unique synergy effect, serving its clients two-handed.

That’s known that poor clients, without adequate capacities to make productive investments, would require access to non-financial services in addition to those of financial nature. For example, if the customer receives a loan, he is to repay the funds received in a time schedule by paying certain amounts earned from the utilization of the loan amounts. And from this point MDF intends to provide some non financial assistance to such customers regarding the effective utilization, effective business planning and management, which will enable the customer to effectively and efficiently utilize the loan amounts and be able to repay them in due course.
News

"Kamurj" UCO LLC is reorganized into "Kamurj" UCO CJSC

"Kamurj" UCO has been reorganized into a closed joint-stock company in accordance with the MDF Board of Trustees’ decision taken on January 30, 2012.

Garage wine-making in Armenia

Wine-making has a long history in Armenia, and Microenterprise Development Fund has determined to support small enterprises working in this field.