A loan of $3,000 helped to pay for equipment for making bread and construction materials to renovate the bakery.

Hermine's story

Hermine runs a bakery. She started this business together with her husband, Gnel, who had worked in another bakery before, and three years ago decided to start his own bakery. Hermine and Gnel organize the production process with hired workers. Gnel also delivers the bread to shops in the village and neighboring villages. In the bakery they produce different types of breads, including the Armenian national bread, lavash.

Hermine wants to purchase special equipment for the paste kneading process. She also plans to renovate the bakery to have more comfortable conditions. For this aim she will purchase some construction materials.

The development of the business is important for Hermine to have additional income, which she plans to invest in the bakery's expansion: she would like to start production of pasta, too. This loan is important for Hermine to implement these goals and provide a stable income for her family. Hermine lives with her husband and son.

Loan details

Lenders and lending teams

Loan details