Microlending Support to Farmers – Phase II

Beneficiaries Description: 16 FAA member FOs with 700 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:01/12/2008
End date: 01/12/2009
Coordinator / Responsible Person:Armen Hakobyan, Eliza Minasyan
Implementer: Federation of Agricultural Associations Union of Legal Entities (FAA ULE)
Project Cost by Implementer:AMD: 0  USD: 0 (in-kind contribution)
Project Cost by JMF :AMD: 80 000 000  USD: 262 295 
Beneficiaries Number:700