Partners in Armenia


"We expected a lot from the collaboration with DSIK, but we received even more"

"Our vision is to be a dynamically developing and responsible financial organization that supports the population and businesses by providing affordable financial services, constantly expanding the network of branches, offering products that meet our customers’ needs, and modernizing and digitizing our services"

Mariam Yesayan, CEO, AREGAK universal credit organization

» Please find the full interview here


In collaboration with German Sparkassenstiftung, we have developed a new scoring system to enhance our lending processes. It facilitates a swift automated assessment of a client’s creditworthiness. Depending on the decision, a check by the loan officer will still be possible. Approximately 80 % of our customers will be able to benefit from the improved approach. By making our internal processes more efficient, we can focus on customer relationship management, product development, and monitoring.

Armen Gabrielyan, CEO and President, Farm Credit Armenia UCO

» Please find the full interview here


"Our goal is to help women achieve economic independence by providing them with knowledge and tools to create or improve their own businesses"

“DSIK appeared in our lives at an important time and developed with us new tools that helped to enrich our program"

Tatevik Manukyan, Women Entrepreneurs Charity Program Manager, AGBU

» Please find the full interview here


"We are really impressed with how DSIK uses the gamification approach to teach. Just talking about theory is not as effective; such knowledge does not ‘take root’. However, engaging participants in simulation-based exercises significantly enhances the learning experience"

"At ICARE, we are here to teach modern farming, train the next generation, advise the agricultural sector, and help our country grow"

Sargis Mkrtchyan, Coordinator of the ‘Fruitenia’ Program, ICARE

» Please find the full interview here


Partnered with DSIK under the project "Promotion of Rural Finance for Sustainable MSE Development in the South Caucasus and Ukraine"

“Our collaboration with DSIK was highly effective because we share common goals and approaches – engaging youth in agriculture, stemming rural emigration, and fostering youth entrepreneurship"

Nvard Shahmuradyan, Head of Agricultural Programs, SHEN NGO

» Please find the full interview here

German Sparkassenstiftung for International Cooperation
Regional Office Eastern Europe and Central Asia
Ilia Chavchavadze Avenue 47a
0179 Tbilisi, Georgia

Phone: +995 32 2224272

» E-Mail

Logos German Cooperation and Partners in Transformation

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