Armenia, Azerbaijan, Georgia, Ukraine
Local Project Partners
Central banks of partner countries, ministries of agriculture and affiliated government agencies and educational institutions, as well as agricultural sector associations and individual financial institutions
Sparkasse Märkisches Sauerland Hemer-Menden
Sparkassenverband Westfalen-Lippe (SVWL)
German Federal Ministry for Economic Cooperation and Development (BMZ)
01.03.2021 - 31.12.2022
The impact of the COVID-19 pandemic and the increasingly significant climatic changes, pose huge challenges to commercially oriented agricultural micro and small enterprises as well as MSEs along agricultural value chains. These groups account for at least 50% of the entrepreneurial rural population in the five partner countries.
The overall objective of the project is to strengthen the economic participation of the target group through improved access to and use of financial services in rural areas of the partner countries. Thereby the project contributes to the sustainable improvement of livelihoods and the reduction of rural depopulation.
Through improved financial and business skills, heightened awareness of the effects of climate change, possible risk management and entrepreneurial adaptation concepts, the resilience of the local population to exogenous shocks such as the effects of climate change and the Covid 19 pandemic is to be increased.