100%

funded

Total loan: $900

Stepan

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Vardenis town, Gegharkunik region, Gegharkunik Province, Armenia / Personal Use

Stepan's loan finished fundraising,
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A loan helped to pay for the solar water heating system (pictured) and its installation, enabling him to reinvest his savings from utility costs into his catering business.


Stepan's story

This young man is Stepan.

Stepan lives with his family of 4 including 1 child in Vardenis town. Being the only breadwinner of the family, he owns a little fast food center near his house. Stepan is a hard-working businessman, who does all the operational activities himself. He always searches for ways to improve the family's living conditions.

After learning about the advantages of solar systems, he decided to install one at his house. With the provided loan, Stepan will get a chance to pay for the solar water heating system (pictured) and its installation. He is sure that this breakthrough technology will help them cut utility costs so that he can reinvest the money to grow his business. Stepan is full of hope thinking about this expected outcome and change for his family's living standards.