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About client

CeramaZart Cultural Center, established by the GOY Humanitarian Foundation in 2022, serves as a powerful social enterprise dedicated to humanitarian and cultural recovery. Its core mission is to provide vital support and professional opportunities to artists and individuals forcibly displaced by the 2020 Artsakh war and 2023 exodus.

Anchored by a specialized ceramics workshop-studio, the center is committed to the revival of traditional Armenian pottery. CeramaZart meticulously breathes new life into centuries-old ornaments, carpet patterns, and bird-letter motifs, ensuring the preservation of cultural heritage while simultaneously providing displaced artists with essential creative, educational, and economic opportunities.

Project information

Service

Financial M&E

Project status

Concluded

Industry

NGO
Arts and crafts

Location

Armenia

Project goals

Financial Monitoring and Evaluation is a systematic process of tracking, analyzing, and assessing financial performance, ensuring that financial resources are being used efficiently.

  • Establishing financial indicators
  • Regularly gathering financial data
  • Comparing actual v/s budgeted performance
  • Assessing financial risks and implementing risk mitigating strategies
  • Preparing periodic evaluation reports
  • Providing findings and recommendations

Financial M&E helps companies achieve greater financial efficiency, mitigate risks, and drive sustainable growth.