The company was established in June, 2008.

License N 23 of the Central Bank of Armenia, issued on June 27, 2008.

The founder and sole shareholder of the Company is "Center for Agribusiness and Rural Development” (CARD) Foundation.

"CARD AgroCredit” Universal Credit Organization operates in Yerevan and in all regions of the Republic of Armenia.

Since June 2009 the Company participates in implementation of the credit component of "Water-to-Market” Program of "Millennium Challenge Account- Armenia”.

Since August, 2011, the Company implements lending to Micro, Small and Medium Enterprises within the framework of the "Access to Finance for Small and Medium Enterprises” (AFSME) project implemented by the Program Management Unit of German-Armenian Fund (GAF).

Since September, 2011, within the framework of Jinishyan Memorial Foundation’s (JMF) Economic Development Program, CARD AgroCredit UCO provides low interest micro-financial loans to farmers.

As of November 30, 2011, the total equity of the Company is 714 944 thousands AMD, assets – 1 793 372 thousands AMD, liabilities – 1 078 428 thousands AMD.

The Company operates in the following main directions:

Providing loans to farmers and food processors, financial leasing of agricultural machines/equipment.

As of November 30th, 2011, the number of employees is 21.