A loan of $2,500 helped to pay for flour and a new oven.


Ashot's story

Ashot is a young entreprenur from Yerevan. For three years already he has been running a bakery. Now Ashot would like to purchase a new oven for the bakery to increase production and improve the quality of the products. Thus Ashot has applied for this loan. With the loan's help he will also purchase flour for bread production. Ashot lives with his mother, a teacher, and his father, a police officer. Unfortunately, their salaries are too low and are not sufficient to make ends meet. So the current business provides the main income for the family. It's also important for Ashot to be a financially independant person and support his own family in the future.



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Loan details