Infrastructure and Rural Finance Support Programme

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Infrastructure and Rural Finance Support Programme

This programme is designed to generate income growth and sustainable employment opportunities by strengthening agricultural production systems and linkages to value chains for cash crops. It has four components:

  • Rural finance
  • Water infrastructure for rural areas
  • Awareness raising and support for farmers
  • Programme management.

The programme's infrastructure component will cover the seven regions of Shirak, Lori, Tavoush, Gegharqunik, Vajots Dzor, Sjunik and Aragatsotn, while the rural finance component will be countrywide. The main target group comprises poor farmers and rural households, particularly vulnerable households headed solely by women or young people.

Status: Closed
Approval Date
18 September 2014
2014 - 2022
Credit and Financial Services
Total Project Cost
US$ 58.85 million
IFAD Financing
US$ 11.35 million
Co-financiers (International)
OPEC Fund for International Development US$ 25 million
Global Environmental Facility US$ 3.94 million
Denmark US$ 2.08 million
Co-financiers (Domestic)
National Government US$ 10.07 million
Beneficiaries US$ 3.54 million
Financing Gap
US$ 2 million
Financing terms
Project ID
Project Contact
Naoufel Mr Telahigue

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IRFSP - Final Design Main Report Region: Near East, North Africa, Europe and Central Asia

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