Improving Economic Well-being and Resilience of Forcibly Displaced Armenian Families from Artsakh

Beneficiaries Description: At least 40 forcibly displaced Armenian families from Artsakh, currently residing in Gegharkunik region of Armenia, to become self-reliant by engaging them into an agricultural or other income generating activity through provision of livelihood assets (physical, human and financial) and possible access to housing. 

Project Area: Regions of Armenia - primarily Gegharkunik region

Project Goal: create and facilitate access to livelihood opportunities for Armenians forcibly displaced from Artsakh enabling them to become self-reliant and economically secure in their efforts of building a new and dignified life in Armenia. 

Project Objectives: 

  • Empower at least 40 forcibly displaced Armenian families from Artsakh, currently residing in Gegharkunik region of Armenia, to become self-reliant by engaging them into an agricultural or other income generating activity through provision of livelihood assets (physical, human and financial) and possible access to housing.
  • Strengthen the economic sustainability efforts of project beneficiary families by providing tailored technical assistance through capacity building, mentoring and coaching to help them overcome challenges and thrive in their pursuit of economic independence through JMF’s diverse ongoing support initiatives. 
Project Type:JMF Initiative
Start Date:April 01, 2024
End Date:March 31, 2025
Coordinator / Responsible Person:Liana Sargsyan
Implementer: JMF
Collaborating Organization:Agroleasing Leasing Credit Company
Project Cost by JMF: AMD: 46,264,000 USD: 115,660
Beneficiaries Number:40 families