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

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

Project area: Arevik village (Armavir)

Project Goal: To improve access of project beneficiary farmers to long term, low-interest and beneficial credit services. To increase income of farmers' households.

Start date:July 2009
End date:December 2012
Coordinator / Responsible Person:Armen Hakobyan, Eliza Minasyan
Implementer:Cascade Credit Universal Credit Organization CJCS and Arevik Agricultural Cooperative
Project Cost by Implementer:AMD: 0  USD: 0
Project Cost by JMF:AMD: 10,000,000  USD: 32,787
Beneficiaries Number:12