A loan of $1,000 helped to buy two new ovens for developing his charcoal production.

Vache's story

Vache is 23 years old and was born and lives in Antaramut, which is the one of the Vanadzor’s area villages. He is married and lives with his wife, newborn son and parents. Vache graduated from Vanadzor’s collage; he is a dental technician and has never worked in his main profession, because his profession is less profitable in Vanadzor and he must meet his newly-created family's needs. Therefore he decided to create his own charcoal production business.

The production activity he is performing is in Antaramut. Vache buys the wood for his charcoal production from their village woodmen. With big special ovens, he handles the thermal treatment. As a result, he produces charcoal. Vache’s father helps him in the family business and with their own truck delivers charcoal to Lori region’s restaurants and grill houses.

With profit from his business, Vache has bought a truck and furniture for their house. He solves his small family's needs and takes care for his baby’s future.

Vache seeks 400.000 AMD loan to buy two new ovens for developing his charcoal production. He hopes to increase his profit this way.

Loan details

Lenders and lending teams

Loan details