Rural Armenia
- Investing in local development professionals
- Investing in local entrepreneurs
- Investing in rural communities
Results:
- Return of migrant workers
- Income generating opportunities for women
- Jobs for young adults
- Economic development
Project Announcement
Business Pareta LLC collaborated with GTZ, Near East Foundation and Armenia Fund USA is doing a micro franchising project in Gegharkunik region of Armenia.
The main aim of the project is to find 20 women in rural communities of Gegharkunik marz, to have training with them in business planning and organizing sphere and finally help them to establish small businesses in their communities using repeatable micro franchising model in IT sphere. The usage of micro franchising model will allow us to have shared insurance of quality.
Last Finished Project
During last year Business Pareta LLC worked with Near East Foundation and Armenia Fund USA doing Local economy development project in Shushi region. The first phase of the project was the assessment of the community’s potential using PACA methodology. As a result the competitive advantages of the communities and potential developing economic fields came to light. Based on them the value chains were purposed and presented to the communities. At the same time the business ideas were purposed for the local market.
In the second phase of the project were collected applications for participation in the business planning process based on purposed value chains and business ideas. There were collected more than 50 applications. 18 businessmen were selected for participation of the project. The experts from Business Pareta facilitated the businessmen for developing their business plans. Totally 15 business ideas were selected for having loan from SEF international credit company).
In the third part of the project the investment guide of Shushi city was created by Business Pareta LLC.