Funded

Total loan: $1,600
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A loan of $1,600 helped to pay for flour and equipment to puddle the paste.


Mnatsakan's story

Mnatsakan is a young entrepreneur. He runs a bakery, where he makes lavash, an Armenian national bread. Mnatsakan started his business as a trader of flour. He managed to develop this business, which allowed him to establish the bakery. Now Mnatsakan needs investments to develop the bakery. With the requested loan, he will purchase special equipment to puddle the paste and flour for making lavash. This will allow Mnatsakan to expand his production and increase his sales. Mnatsakan will earn more income and create improved living conditions for his family. Mnatsakan lives with his wife and child.



Loan details

Loan length:

27 months
Disbursed date: March 30, 2012
Facilitated by Field Partner: SEF International

Lenders and lending teams



Loan details

Loan length:

27 months
Disbursed date: March 30, 2012
Facilitated by Field Partner: SEF International