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.

Project Goal: To improve access of FAA member Farmers Organizations and consequently farmers to low-interest and beneficial credit services. To strengthen role and sustainability of FAA and FOs.

Start date:01/11/2009
End date: 30/11/2010
Coordinator / Responsible Person:Armen Hakobyan, Armen Ayunts
Implementer: Federation of Agricultural Associations Union of Legal Entities (FAA ULE)
Project Cost by Implementer:AMD: 0  USD: 0 (in-kind contribution)
Project Cost by JMF :AMD: 140,000,000  USD: 459,016 
Beneficiaries Number:683