There are multiple types of loans one can get, but only if you are a resident or national of Armenia. These include:
One can also obtain a credit line or gold-secured loans. Remember that the numbers listed are always changing and you should check with your bank to see if their terms suit your needs. Shop around for each loan separately.
This section is cited from RepatArmenia Foundation.
Are there any loan privileges granted to Syrian Armenians?
Since March 2013 the Small and Medium Entrepreneurship Development National Center (SME DNC) with the sponsorship of the UN High Commissioner for Refugees (UNHCR) in Armenia has initiated “Start-up business support programme for Syrian Armenians” free of charge, the aim of which is to help Syrian Armenians to realise their business ideas.
The duration of the training is one month, which involves components of training, business consulting and provision of information. By participating in the programmes entrepreneurs will acquire knowledge on business planning, marketing, management, production and finance planning, will learn about the legislative aspects, as well as under the guidance of experienced professionals will develop their own business plans.
In which cases will loans be lent and under what conditions?
The realistic business plans that were part of the programme and received the highest estimation shall be leant loans under the following conditions:
For additional information contact SME DNC of Armenia, address: Building 5a, Mher Mkrtchyan street, c. Yerevan, tel.: (010) 58-32-61, also Building 49/3, 7th floor, Komitas ave., c. Yerevan, tel.: (010) 23-71-02 (106).