Farmer Market Access Programme

IFAD Asset Request Portlet

Asset Publisher

Farmer Market Access Programme

Farmer Market Access Programme

Many of the numerous small businesses in Armenia are held back by lack of access to financial services. The objective of the programme is to make financing available to rural enterprises with good potential for rapid growth. It will help create opportunities for farmers to become more commercially oriented, and it will also increase employment prospects for rural communities. The programme targets existing or new rural businesses run by subsistence and semi-subsistence farmers, landless and unemployed people and poor rural women. Specific aims are to:

  • stimulate the growth of rural enterprises with links to poor primary producers, and to those able to offer employment opportunities in rural areas
  • help provide financial services in rural areas and build the capacity of the Armenian financial sector to respond to the need for small and medium loans
  • provide rural businesses with training in appropriate knowledge and technology

The programme will direct technical and financial assistance towards key points in rural market chains to maximize the impact on productivity, employment opportunities and market access.

Source: IFAD

Status: Closed
Approval Date
12 September 2007
2007 - 2013
Credit and Financial Services
Total Project Cost
US$ 32.52 million
IFAD Financing
US$ 12.4 million
Co-financiers (International)
OPEC Fund for International Development US$ 10 million
Denmark US$ 1.69 million
Co-financiers (Domestic)
National Government US$ 4.99 million
Beneficiaries US$ 2.03 million
Financing terms
Highly Concessional
Project ID
Project Contact
Mounif Mr Nourallah

President's reports

President's reports

Project design reports

Supervision and implementation support documents

Supervision and implementation support documents

Environmental and social impact assessment

Final environmental and social management framework

Interim (mid-term) review report

Resettlement action framework

PCR digest

Special study

Project list

Audit and Financial Statements

Project completion report