Updated 19.08.2025

"KAMURJ" Universal Credit Organization was registered with the Central Bank of Armenia on April 27, 2010 (CBA License No. 31).

The history of "KAMURJ" dates back to 1998, when the American organization "Save the Children Inc." initiated a microfinance program in Armenia. In 2000, the Micro-entrepreneurship Development Charitable Fund was established by "Save the Children". In the same year, the Fund was entrusted with the right to continue another microfinance program that had been implemented for two years by the American organization "CRS". On April 27, 2010, the Fund founded "KAMURJ" UCO LLC, which became the legal successor of the Fund’s microfinance services. On February 21, 2012, "KAMURJ" UCO LLC was reorganized into "KAMURJ" UCO CJSC.

"KAMURJ" UCO CJSC has participated in the Water-to-Market Loan Program by "Millennium Challenge Armenia", as well as projects implemented by the Rural Finance Facility (RFF) Project Implementation Unit and "Habitat for Humanity Armenia". The organization’s activities have also been supported by a number of other international organizations.

As of 2025, the sole shareholder and significant participant of "KAMURJ" UCO CJSC is "AGENCE FINANCE" CJSC.

By studying international best practices and considering the specific characteristics of the local market, "KAMURJ" UCO consistently develops and offers loan products that best meet the needs of its clients, including:

• Agricultural loans
• Business loans
• Mortgage/ Renovation loans
• Consumer loans

Loans are available to both individuals and legal entities.

"KAMURJ" has been standing by its clients since 1998.

The Company operates 16 branches across the territory of Armenia.