Microlending Support to Farmers – Phase IV

Beneficiaries description: 21 FAA member FOs with 975 member farmers from Yerevan and Armavir, Ararat, Vayots Dzor, Aragatsotn and Lori marzes.

Project Goal: To improve access of FAA member Farmers Organizations and consequently farmers to low-interest and beneficial credit services. To strengthen role and sustainability of FAA and FOs.

Start Date:03/01/2011
End Date: 31/12/2011
Coordinator / Responsible Person:Armen Hakobyan, Armen Ayunts
Implementer: Federation of Agricultural Associations Union of Legal Entities (FAA ULE)
Project Cost by Implementer:AMD: 0  USD: 0 (in-kind contribution)
Partner Organization:Open Society Institute (OSI)
Project Cost by Partner:AMD: 8,540,000 USD: 23,397
Project Cost by JMF :AMD: 140,000,000  USD: 383,562
Beneficiaries Number:975