Union of
Credit Organizations of RA

In October 2014 Microfinance Center together with UCORA member credit organization "Farm Credit Armenia" UCO CC implemented "Borrow Wisely" program.

"Borrow Wisely" program contains practical advice on lending. It includes a simple questionnaire which itself includes questions to which each client should refer before taking the loan, which will help avoid unnecessary loans. Excessive debt creates problems related to payment. Therefore, the client must first of all calculate his/her savings, and then make an informed decision by comparing different offers.