About HDIF
HDIF works to initiate, facilitate, and nurture sustainable economic opportunities in rural villages, towns, and cities throughout Armenia as well as vulnerable groups. HDIF creates jobs that pay a living wage in Armenian communities and commits to regional economic development.
According to data published by the country’s National Statistical Service, 23.7% of the population was categorized as “poor” in 2023 and 1.1% “extremely poor” in 2023. Child poverty in Armenia is pegged at 31.7%. 1.8% of children under the age of eighteen are “extremely poor”. Poverty is lower in Armenia’s urban areas than in the villages - 21.5% compared to 27%.
Our primary goal is to empower women by giving them training and important skills to be successful as independent business operators. This goal is achieved by organizing training on different business-related topics to encourage entrepreneurship.
HDIF is a registered non-governmental organization in the Republic of Armenia.