Founded in 2002, Arvand, which means strong and capable in the Tajik language, is mainly active in northern Tajikistan and has a strong presence in rural areas. Today, Arvand is the second largest microfinance institution. In addition to a wide range of products and services using both individual and group lending methodology, Arvand also specialises in agricultural business and provides loans for animal husbandry.
Impact figures 2016
| Number of loan clients | 37,591 |
| Percentage of female clients | 43% |
| Percentage of rural clients | 61% |
| Average loan amount | EUR 645 |
| Number of savings clients | 27,900 |
Triodos Fair Share Fund and Triodos Microfinance Fund are shareholders in Arvand. A senior representative from Triodos serves on the Board of Directors. By providing support and governance, Arvand can continue to provide a variety of services to the rural poor that go beyond credit, embarking on the next stages of their institutional development.
![IMG_2848[1]](https://www.triodos-im.com/binaries/content/gallery/tim/shared/hero-images/inclusive-finance/img_28481.jpg/img_28481.jpg/triodoshippo%3AheroImageDesktop)