Developing Sustainable Family Owned Agribusiness in Syunik Region

Beneficiaries Description: Small-plot agricultural producers of Syunik marz

Project Goal: Improved access of small-plot agricultural producers to sustainable financial services.

Project Objectives:

  1. To improve the access of small-plot agricultural producers to sustainable financial services.
  2. To expand the type and quality of financial services available to small-plot agricultural producers.
  3. To support the development client-focused financial product design and delivery systems that address the economic needs of small-scale agricultural production in Armenia.
  4. To provide a source of capital to microfinance providers that have a clear and consistent social mandate, so that they can effectively compete in the financial sector while still maintaining this social mandate.
Start date:01/01/2006
End date: 31/12/2008
Coordinator / Responsible Person:Armen Hakobyan, Eliza Minasyan
Implementer:SEF International Universal Credit Organization Ltd.
Project Cost by Implementer:AMD: 0
Project Cost by JMF:USD: 140,000 Loan
Beneficiaries Number:157