Programmes in Armenia
IFAD has financed five completed programmes and projects in Armenia since 1995, investing a total of US$78.2 million. The organization's experiences have shown that providing essential support for agricultural activities is effective in rapidly reducing poverty. All programmes and projects have focused on the development of local institutions.
The Irrigation Rehabilitation Project, the first IFAD-funded operation in Armenia. IFAD co-financed The World Bank "Irrigation rehabilitation project" with 8k USD loan. The project included an innovative participatory approach to water management that promoted development of water users' associations.
The first IDAF initiated programme was the More Armenia: North West agricultural services project (NWASP) which was followed by the Agricultural Services Project More Armenia: Agricultural Services Project. IFAD investments under these programmes supported financial services for people in rural areas. The North-West Agricultural Service Project fostered development of key sectors such as crops and livestock and local irrigation systems, in particular by strengthening water users' associations. The Agricultural Services Project invested in support for irrigation and seed development, and for local groups and associations.
The objective of the Rural Areas Economic Development Programme More RURAL AREAS ECONOMIC DEVELOPMENT PROGRAMME (IFAD Loan 653-AR) PROJECT COMPLETION REPORT Agreement /RFF/CS/SSS-2013/001 Impact Assessment of Rural Finance Component of Farmer Market Access Programme Agreement /RFF/CS/SSS-2013/001 Impact Assessment of Rural Finance Component of Farmer Market Access Programme armenian Farmer Market Access Programme Project completion report Main report and appendices was to stimulate sustained growth of rural enterprises by delivering an interrelated package of business development training and financing. Loans were organized through the Rural Finance Facility which has attracted financing from several major donors.
Productive Infrastructure Rehabilitation Project.
The Farmer Market Access Programme targeted existing or new rural businesses run by subsistence and semi-subsistence farmers, landless and unemployed people and poor rural women. Its goal was creating opportunities for farmers to become more commercially oriented, and also increasing employment prospects for rural communities.
