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: Ongoing
Country
Armenia
Approval Date
18 September 2014
Duration
2014 - 2021
Sector
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
Blend
Project ID
1100001690
Project Contact
Naoufel Mr Telahigue

Project design reports

Project design reports

Supervision and implementation support documents

Environmental and social impact assessment

Final environmental and social management framework

Resettlement action framework

Interim (mid-term) review report

Special study

PCR digest

Project list

Project completion report

Co-financiers