Jinishian Memorial Foundation

Economic Development
JMF’s Economic Development Department emphasizes activities and projects that expand the economic opportunities for the underprivileged by providing sustainable financial services.

JMF has set the following strategic objectives to meet the demand of program beneficiaries:
  • Increase beneficiaries’ access to micro credit services
  • Enhance institutional lending services
  • Increase the educational level of borrowers
JMF also prioritizes economic development activities that:
  • Assist appropriate non-financial business development services that build the capacity of small entrepreneurs to establish and manage businesses.
  • Improve the employability of vulnerable populations by supporting activities, such as vocational and technical training.
  • Support the successful small businesses and industries that have the potential for growth and opportunity to provide employment for vulnerable groups.


Goris Crochet Assistance

Beneficiaries Description: Goris Women’s Development Resource Center Foundation’s (GWDRCF) beneficiaries - 63 women doing business activities

 
Micro Lending Support to Farmers 2012

Beneficiaries Description: 20 potential Farmer Cooperatives (FC) and in average 25 farmers per cooperative, in total about 500 farmers from Armavir, Ararat, Vayots Dzor and Aragatsotn marzes.

 
Hospitality Service Development in Berd Subregion of Tavush Marz

Beneficiaries Description: Direct beneficiaries are 18-20 people from Berd and neighboring communities, who are willing to operate B&B and other hospitality services in the region.   Indirect beneficiaries will be tourists visiting Berd and staying overnight.

 
Soil Analysis on Fertilizers and Chemicals Pilot Project

Beneficiaries Description: One advanced farmer from Arevik village and one from Aratashen village

 
Berd Women’s Business Activism Promotion – Step 2

Beneficiaries Description: Berd Women Resource Center (BWRC) Foundation’s staff and 30 beneficiaries, mostly women doing business activities (making Teddy Bears). 

 
Berd Women’s Business Activism Promotion – Step 1

Beneficiaries Description: Berd Women Resource Center (BWRC) Foundation’s staff and beneficiaries, mostly women doing business activities (making Teddy Bears)

 
Micro Lending Support to Farmers 2011

Beneficiaries Description: 22 Farmer Cooperatives (FC) and in average 36 farmers per cooperative, in total about 800 farmers from Armavir, Ararat, Vayots Dzor and Aragatsotn marzes.

 
Soil Analysis on Fertilizers and Chemicals Research

Beneficiaries Description: Farmers of Armavir and Ararat marzes

 
Fast Impact Support Grants to Farmers’ Cooperatives

Beneficiaries Description: About 350 farmers from 8 agricultural farmers’ cooperatives and their families.

 
Support Grants to Farmers’ Cooperatives Project

Beneficiaries Description: About 500 farmers from 10 cooperatives

 
Microlending Support to Farmers – Phase III

Beneficiaries Description: 20 FAA member FOs with 683 member farmers from Yerevan and Armavir, Ararat, Vayots Dzor, Aragatsotn and Lori marzes.

 
Micro - Lending Program for Farmers (Arevik Ag. Coop.)

Beneficiaries Description: 12 member farmers of Arevik Agricultural Cooperative, member of Federation of Agricultural Associations (FAA)

 
Micro - Lending Program for Farmers (Lukashin Ag. Coop.)

Beneficiaries Description: 42 member farmers of Getashen Agricultural Cooperative, member of Federation of Agricultural Associations (FAA)

 
Micro - Lending Program for Farmers (Janfida Ag. Coop.)

Beneficiaries Description: 33 member farmers of Janfida Agricultural Cooperative, member of Federation of Agricultural Associations (FAA)

 
Micro - Lending Program for Farmers (Getashen Ag. Coop.)

Beneficiaries Description: 35 member farmers of Getashen Agricultural Cooperative, member of Federation of Agricultural Associations (FAA)

 
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.

 
Establishment & Management of Seedling Production

Beneficiaries Description: The direct beneficiaries of the project are 70 farmer members of Janfida Ag. Coop.

 
Establishment of Refrigeration Storage

Beneficiaries Description: The main beneficiaries of the project are the 35 members of Arevik Ag.Coop

 
Himnakar Cooperative Grant Project

Beneficiaries Description: The beneficiaries of project are 36 members of Himnakar Ag. Coop.

 
Fruit-vegetable Production & Farmers Group Formation

Beneficiaries Description: 42 members of Lukashin Ag. Coop

 
Cattle Allotment to the Members of Nairi Agricultural Cooperative

Beneficiaries Description: 45 members of Nairi Ag. Coop. 19 of which are women

 
Microlending Support to Farmers

Beneficiaries Description: 19 FAA member FOs with 1250 member farmers from Yerevan and Armavir, Ararat and Vayots Dzor marzes.

 
Developing Sustainable Family Owned Agribusiness in Syunik Region

Beneficiaries Description: Small-plot agricultural producers of Syunik marz

 
FOs' Documentary Circulation Improvement

Beneficiaries Description: At least 15 FAA member FOs with 1,000 member farmers from Yerevan and Armavir, Ararat and Vayots Dzor marzes.

 


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Donors

 
   

 

Private Donors

Marie Haratunian   J. George Mamourian
Vartkes Kassounie   Lucy Janjigian
Arline Lomazzo   Serge Tomassian
Elmer R. Frimoth   CBA Staff
Peter Goorjian   Lucy Hovsepian
Ronald Ojakian   Clayton Carlisle
Lois Aroian   Lucy Missirian
Mission Team    Varoujan Avedikian 
 Liberty Corner Presbyterian Church   David & Claudia Nelson
     
     

 

Partners

Primary Healthcare Reform Project

Eurasia Partnership Foundation     

       NKR MOH