YEREVAN, March 3. /ARKA/. Kamurj universal credit organization has signed a new agreement with Dutch Triple Jump BV worth $1.5 million, the press office of the organizations reported.
The agreement will enable the company offering more advantageous loans to clients for improving their housing conditions, including the energy saving solutions, according to the report.
These solutions are especially important for low-income families in the conditions of periodic energy rises, director of Kamurj UCO Gagik Vardanyan said.
Vardanyan also said the expanding cooperation with foreign partners allows Kamurj diversifying its funding and offering more reasonable and targeted financial services.
Kamurj is one of the biggest credit organizations operating in Armenia. It was founded in February 2012 as a result of re-organizing. Kamurj cjsc was established as non-profit organization, by a benevolent organization supporting microbusiness in 2010.
Assets of Kamurj universal credit organization rose by 47.9% during 2014 to 15.7 billion drams, liabilities were about 10 billion drams (almost doubles from the beginning of the year), capital amounted to 5.7 billion drams (5% growth) and loan investments were 13.5 billion drams (31.6% increase). The profit of the organization was 425.2 million drams in 2014. ($1 – 478.6 drams). -0-
