“Aniv” UCO LLC was established by “Aniv” Rural Small Business Support Foundation. The latter was set up in 2000 for the implementation of rural funding sub-component of Rural Services Development Program of International Fund for Agricultural Development (IFAD) and the Government of Armenia.
In 2006 the legislative changes halted the lending activity of “Aniv” Foundation. Driven by the aim to continue its obligations within the international agreement “Aniv” Foundation set up “Aniv” UCO LLC, through which now it is extending pretty affordable credits to farmers and legal entities of remote rural areas.
“Aniv” Foundation is the 100% shareholder and sole participant of “Aniv” UCO LLC.