The potential stakeholders of MDF are low-income individuals and legal entities, being involved in micro and small entrepreneurship. MDF streams to provide high-level customer service, as well as financial support to the main stakeholders through offering both financial and non-financial services and products.


"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.