Beneficiaries Description: 5 Producer groups’ (PGs) members and at least 26 PG group member farmers from Shirak, Gegharkunik, Lori and Aragatsotn regions
Project Areas: Shirak, Gegharkunik, Lori and Aragatsotn regions
Project Goal: to support regional businesses and increase business and economic impact via provision of low–interest loans and technical consultation
Project Objectives:
- To improve the access of small-plot agricultural producers to sustainable and beneficial loan services.
- To provide prospective businesses with an access to affordable loan capital.
- To expand the type and quality of loan services available to small-plot agricultural producers.
- To increase incomes and assets of poor producers
- To improve capacity of producer groups to access and use market information; to work collectively; to address technical challenges
- To establish profitable relationships between producers, buyers and service providers
- To change community mindset; increase hope, future orientation, dignity, confidence
| Start Date: | December 1, 2016 |
| End Date: | March 31, 2019 |
| Coordinator / Responsible Person: | Armen Hakobyan |
| Implementer: | “CARD Agro Credit” Universal Credit Organization CJSC (CARD) |
| Partner Organization: | World Vision-Armenia |
| Project Cost by JMF : | AMD: 40,490,000 USD: 82,633 |
| Beneficiaries Number: | 31 PGs |
