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Business Support to the women and rural youth
Gndevaz (in Vayots Dzor marz) and Gorayk (in Syunik marz) are high mountainous communities where the main source of income of the local population is animal husbandry and horticulture (the latter is especially typical to Gndevaz). Lydian International has been working with these communities over the past several years, investing in social programs that aim to yield economic development opportunities. In line with the contract signed with the company, the Development Principles NGO, Armenia (DPNGO) was committed to:
• Educate rural women in Gndevaz and rural youth in Gorayk on business plan development
• Support new or ongoing small rural businesses run by the youth and women in target communities as alternative source of income for the affected households.
Within the framework of the project the DPNGO conducted the following activities:
• Development of business training modules to adapt to the target groups.
• Community mobilization toward organization of training in Gndevaz and Gorayk communities.
• Conduct of training sessions in accordance with the agreed training plan.
• Pre-award assessment of business plans applicants.
• Presentation of business plans in front of steering committee, consisting of DPNGO and LI reps.
• Issuing of business grants in accordance with the budget.
• Monitoring of project participants activities toward implementation of approved business plans.
Goal: To present alternative economic opportunities and promote small/medium size business development for the affected landowners and other interested farmers that are interested in developing good agricultural or rural economic practices and contribute to the startups of their businesses.
Target communities: Gndevaz village, Vayots Dzor marz and Gorayk village, Syunik marz; Armenia
Overall number of beneficiaries - 14 women and 10 young people (5 men and 5 women).
Result 1: Full package of business training received by project participants
Indicator: 14 women in Gndevaz and 10 youth in Gorayk who received full package of business training and developed comprehensive business plans.
Achieved/not achieved (explain why): Target indicator was achieved in Gorayk and overachieved in Gndevaz (18 women received training and developed business plans)
Submitted deliverables: 1)Plan of business training; 2)Training modules - full training package; 3)List of participants per each training day; 4)Business plans submitted (28); 5)Approved business plans - after revision.
Result 2. Fourteen (14) women in Gndevaz started their small business entities
Indicator: 14 women in Gndevaz who started their small businesses in accordance with the approved business plans.
Achieved/not achieved (explain why): Target indicator was achieved fully except for one case, where the legal issues of land ownership didn't allow to start project on time as planned (Sarine Hakobyan)
Business plans were approved and grants received in two steps: 7 women in September 2016; 7 women in January, 2017. Each grant was at 900,000 AMD. Most recent assessment of individual businesses was done during last monitoring visit of DP staff in June 2017.
Result 3. Ten young people (5 men and 5 women) in Gorayk started their small business entities
Indicator: Ten young people (5 men and 5 women) in Gorayk who started their small businesses in accordance with the approved business plans.
Achieved/not achieved (explain why): Target indicator was achieved fully
Business grants were approved and grants received in two steps: 8 people in September, 2016; 2 people in January, 2017. Each grant was at 300,000 AMD. Most recent assessment of individual businesses was done during last monitoring visit of DP staff in June 2017.