MDF-Kamurj hosted a Client Trade Fair on Tuesday, 21 December, 2004, to reward its “Star Clients” for their hard work. Each loan promoter nominated individual clients or client groups for various reasons ranging from perfect repayment records, highly motivating group coordinators or cashiers to loyal client who have been active with MDF-Kamurj since the CRS and Save the Children merger in 2000. In total, 70 clients were recognized.
With the New Year holiday in mind, the majority of trade fair items on display were handicraft items produced by MDF-Kamurj clients. These items included national dolls, artwork, toys, objects made from stone and clothing.
Approximately 25 clients participated in displaying their products.
Also in attendance to acknowledge and congratulate the clients were US Ambassador to Armenia John Evans, Member of Parliament Hermine Naghdalyan, representatives of the founding organizations Save the Children and CRS, members of the
MDF-Kamurj board and representatives from USAID. Local media covered the event.
John Marshall Evans, Ambassador of the USA in Armenia
 Hermine Naghdalyan, MP |
 Susanna Khachatryan, Chair of MDF-Kamurj Board |
 Zemfira Hakobyan, MDF-Kamurj client since 2000 |
 Chrysanthos A. Miliaras, Chief of Party, USAID, MEDI, Chemonics Internatioanl Inc. and Gagik Vardanyan, Executive Director of MDF-Kamurj |
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MDF-Kamurj Contributing to the Mongolian National Summit
on Microcredit and Entrepreneurship
Within the framework of International Year of Microcredit 2005, declared by the UN, UNDP/Mongolia organized the Mongolian National Summit on Microcredit and Entrepreneurship.
The Summit took place in November 18 – 22, 2004, in Ulaanbaatar, where over 800 participants attended representing microfinance providers, micro business and SME sector,
government and policy makers and international organizations. Four international experts were invited from India, Sri Lanka, Cambodia and Armenia to serve as resource persons and facilitators of four workshops.
Gagik Vardanyan, the executive director of MDF-Kamurj, was one of the four experts contributing to the Summit works and, at the end of the Summit, was granted a Certificate of Appreciation by UNDP/Mongolia for “enhancing the awareness and understanding of microfinance and entrepreneurship in Mongolia”.
Gagik Vardanyan, the executive director of MDF-Kamurj, was one of the four experts contributing to the Summit works and, at the end of the Summit, was granted a Certificate of Appreciation by UNDP/Mongolia for “enhancing the awareness and understanding of microfinance and entrepreneurship in Mongolia”.