Small grants
The Small Grants (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.

"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.