Finca Armenia review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Finca Armenia is a direct lender serving Armenian adults, and it lends its own money rather than brokering. It suits borrowers funding home improvement who can accept 37.34% to 46.09%, a hard credit check and a disbursement fee of 0% one-off loan disbursement fee (AMD 0) on the consumer loan.

Key facts

Best for
Armenian adults funding home improvement through a direct lender
APR
37.34% to 46.09% (Source, checked September 26, 2026)
Loan amount
AMD 50,000 to AMD 1,000,000 (Source, checked September 26, 2026)
Term
6 to 36 months (Source, checked September 26, 2026)
Arrangement fee
0% one-off loan disbursement fee (AMD 0) (Source, checked September 26, 2026)
Credit check
Hard (Source, checked September 26, 2026)
Funding time
Loan disbursement up to 2 business days, non-cash to account (Source, checked September 26, 2026)
Representative example
Tetev Cash: AMD 100,000 for 6 months at 15% annual interest plus 1.5% monthly service fee, APR 38.16% (Source, checked September 26, 2026)
Rate type
Variable (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Free early repayment
Yes (Source, checked September 26, 2026)
Eligibility
21 years or older; age at application plus loan term not exceeding 70 years; registered in the Republic of Armenia (Source, checked September 26, 2026)
Origination fee (%)
0% (Source, checked September 26, 2026)
Loan types
Personal (Source, checked September 26, 2026)
Use cases
Home-improvement (Source, checked September 26, 2026)
Legal entity
FINCA UCO CJSC (Source, checked September 26, 2026)
Headquarters
Armenia (Source, checked September 26, 2026)
Founded
1999 (Source, checked September 26, 2026)
Support channels
Phone, Email (Source, checked September 26, 2026)
Features
Same-day funding
Official website
finca.am

Mortgages

Initial rate
14.5% (Source, checked September 26, 2026)
APRC
15.8% to 17.7% (Source, checked September 26, 2026)
Fixed period
10 to 15 years (Source, checked September 26, 2026)
Maximum loan to value
70% (Source, checked September 26, 2026)
Product fee
AMD 20,000 to AMD 250,000 (Source, checked September 26, 2026)
Purpose
Purchase (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Legal entity
FINCA UCO CJSC (Source, checked September 26, 2026)
Headquarters
Armenia (Source, checked September 26, 2026)
Founded
1999 (Source, checked September 26, 2026)
Support channels
Phone, Email (Source, checked September 26, 2026)

Apps and profiles

Get the app
Google Play
Elsewhere
LinkedInfacebook.cominstagram.com

Pros and cons

Pros

  • Disbursement fee of 0% one-off loan disbursement fee (AMD 0) on the consumer loan
  • Free early repayment, so clearing the balance early costs nothing extra
  • Hard credit checks are the norm in this market, at 72.7%
  • Same day funding is listed for the consumer loan, same day funding

Cons

  • 37.34% to 46.09% is well above the 12% typical for personal loans here
  • Consumer loan pricing is variable, so payments can move with the market
  • Support runs on phone and email only
Finca Armenia

Ready to try Finca Armenia?

Scored 9.0 / 10 by BorrowCue.

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Who it suits

  • Armenian adults with a home improvement need and a settled credit file
  • Borrowers who want to repay early without extra charges
  • People who prefer dealing with the lender itself rather than a broker

Who should look elsewhere

  • Borrowers shopping purely on rate, since 37.34% to 46.09% runs high
  • Applicants who want a soft search first, since the check is hard
  • Anyone outside Armenia, as registration in the Republic of Armenia is required

How your money is protected

Finca Armenia is a direct lender, so the agreement is with the firm that carries the lending risk rather than with an intermediary. Its representative example shows a monthly service fee charged on top of the annual interest rate, which lifts the total paid above the interest alone and is worth weighing beside 37.34% to 46.09%.

The company behind it

The lender behind the products is FINCA UCO CJSC, headquartered in Armenia, and it has been in business since 1999. It issues its own consumer and mortgage credit rather than passing borrowers to another provider. Customer help runs on phone and email, so the same organisation that issued the credit also handles questions about it.

How Finca Armenia compares

Where Finca Armenia is available

Available
Armenia
Licence in Armenia
Central Bank of Armenia, checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What does a Finca Armenia consumer loan cost?+

Interest runs at 37.34% to 46.09% and the disbursement fee is 0% one-off loan disbursement fee (AMD 0), so a loan costs the interest plus that disbursement charge. The representative example shows a monthly service fee added to the annual interest rate, so the total paid runs above the headline rate.

How much can I borrow, and for how long?+

Consumer loans cover AMD 50,000 to AMD 1,000,000 over terms of 6 to 36, and the stated use is home improvement. The same day funding listed for the product, same day funding, suits a repair or project that cannot wait on a longer arrangement.

How quickly is money paid out?+

Payout runs through Loan disbursement up to 2 business days, non-cash to account. Money lands in the account rather than as cash, which suits borrowers who prefer the loan handled through a bank account, and the same day funding listing keeps speed at the centre of the offer.

What credit check does an application use?+

The application runs a hard credit check, so the full file is searched rather than a soft pre-qualification. Hard checks are the most common type in this market, at 72.7%, which is worth remembering before applying speculatively.

Is the lending regulated and who is the lender?+

The Central Bank of Armenia is the regulator listed for this market, and the legal entity behind the loans is FINCA UCO CJSC. As a direct lender it writes the credit itself, so the contract sits with the lender rather than a broker.

Who can apply?+

Applicants must be adults, and their age at application plus the loan term has to stay within a set limit. Registration in the Republic of Armenia is also required, so this is a single market lender rather than one open to applicants elsewhere.

Does Finca Armenia lend against a home?+

Mortgages are offered for purchase, with an initial rate of 14.5% and an APRC of 15.8% to 17.7%. The rate is fixed for 10 to 15 and lending goes to a maximum loan to value of 70%, with fees of AMD 20,000 to AMD 250,000.

Sources

  • finca.am/en checked September 26, 2026

    Backs: Headquarters

    “Armenia, Yerevan, 0023 2a, Agatangeghos Str.”

  • finca.am/en/about-us checked September 26, 2026

    Backs: Founded

    “FINCA Armenia started as a non-profit organization in 1999”

  • finca.am/en/borrow/mortgage-loans checked September 26, 2026

    Backs: APRC, Fixed period, Initial rate, Maximum loan to value, Product fee, Purpose

    “National Mortgage Company, Mortgage Loans: Loan annual percentage rate 15,8% - 17,7%”

  • finca.am/en/borrow/tetev-cash checked September 26, 2026

    Backs: Loan amount, APR, Credit check, Eligibility, Features, Free early repayment, Funding time, Legal entity, Lender type, Arrangement fee, Origination fee (%), Rate type, Representative example, Term, Use cases, Licences

    “Loan amount 50,000-500,000 / 50,000-1,000,000 (AMD, Tetev Cash)”

  • finca.am/en/borrows/consumer-loans checked September 26, 2026

    Backs: Loan types

    “Consumer Loans - Tetev Cash, Quick and Paperless Financing; Consumer Loan Collateral - Free”

  • finca.am/en/customer-protection checked September 26, 2026

    Backs: Support channels

    “Call: 012 55 55 55, E-mail:customerservice@finca.am; info@finca.am”

Compiled from 6 source pages, checked September 26, 2026. We did not open an account.

Finca Armenia

Finca Armenia

Armenian adults funding home improvement through a direct lender

9.0/10See alternatives

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