FASA III: Armenia

Financing the Agriculture Sector in Armenia (FASA) is a Financing and Technical Assistance programme funded through KfW Entwicklungsbank under the framework of the German Bilateral Cooperation and managed by the Central Bank of Armenia via the German Armenian Fund (GAF).

Our target is contribution to strengthen GAF and Participating Financial Institutions (PFIs) in the field of agricultural value chains and organic farming and in strengthening their overall environmental and social standards.

The objective of the Lot 1 project is to support Armenian PFIs with the development of agricultural lending with focus on organic farming and value chains, by:

  • Developing TA packages
  • Designing agrilending, including development of value proposition
  • Upgrading agricultural lending methodologies
  • Delivering trainings and financial literacy seminars
  • Selecting Value chains and developing Value Chain Finance
  • Developing the organic farming finance

The main objective of the second Lot is to review and adapt the environmental and social management systems (ESMS) for GAF and PFIs, by following activities:

  • Review of GAF's existing ESMS and capacities and proposing an working plan
  • Adapting and improving the ESMS, including E&S policy, manual and templates as well as other ESMS documents
  • Offering ongoing support to GAF according to international practices and provide capacity development through trainings delivery
  • Supporting GAF in analysing PFIs' ESMS through methodological input and providing capacity building of PFIs

KfW E-Learning

E-learning platform on sustainability and corporate governance

This platform has been developed in cooperation with Innovativkonzept GmbH (IK), Germany and financed by means of BMZ.

Clients of this platform are typically financial institutions or corporates that are interested in larger scale sustainability or governance related training for their staff.

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