A young farmer develops his village through hard work

YEREVAN, November 25. /ARKA/. Young farmer Karen Grigoryan lives and works in the village of Arazap, located in the Armavir region.

Karen bought modern tractors to cultivate his fields, enabling him to complete the work more quickly and also assist his fellow villagers.

Karen’s partner in purchasing the tractors was the company “Acba Leasing,” which made land work with the new equipment more efficient.

“With the support of Acba Leasing, we purchased new tractors, which have made agricultural work faster and easier: we can now cultivate the soil in a timely manner. Thanks to the new equipment, we are currently able to process up to 15 hectares of land per day, compared to about half with the old equipment. My goal is to increase the number of tractors in the future to provide more services to our fellow villagers,” said farmer Karen Grigoryan.

Through ‘’Acba Leasing’’, with government subsidies, you can purchase agricultural machinery and equipment from brands like ‘’Belarus’’, ‘’Yuto’’, ‘’Solis’’, ‘’Lovo’’, ‘’Chanfa’’, ‘’Okyu’’, ‘’Dong Feng’’, ‘’New Holland’’, ‘’Tavol’’, and many others, at an effective interest rate of 2% per year.

With the support of ‘’Acba Leasing’’, agricultural equipment worth a total of 22 billion drams was provided to Armenia’s rural sector, resulting in a significant upgrade of the agricultural sector’s technical fleet.

Acba Bank is the 100% shareholder of ‘’Acba Leasing’’. Akba Leasing is regulated by the Central Bank of Armenia. -0-

spot_img

POPULAR

Top Travel Destinations of 2026: IDBank

Travel is no longer about just choosing a destination; it has become a way to embrace new experiences, discover various cultures, and create lasting memories.

”Teach For Armenia” is the June beneficiary of the ”Power of One Dram”

The May beneficiary of the ''The Power of One Dram'' initiative was the ''Vahe Meliksetyan'' Foundation.

Armenia records an influx of capital and growing interest from international investors – Central Bank head

Armenia is experiencing a significant influx of capital and growing interest from international investors, said Martin Galstyan, Chairman of the Central Bank of Armenia.

Central Bank of Armenia does not expect a significant inflationary effect from the increase in excise taxes

Raising excise taxes on certain goods will not lead to significant inflationary consequences in Armenia, according to Central Bank Chairman Martin Galstyan.

Up to 30% idcoin at pools: Idram&IDBank

From the very first days of summer, everyone gets into “vacation mood”. Some are already planning their long-awaited beach getaways, others prefer to enjoy the breathtaking nature of Armenia, while some are looking for ways to spend the weekend aways from the city’s hustle and bustle – right here in town.

LATEST NEWS

spot_imgspot_imgspot_img