ACBA Federation promotes rural tourism in Armenia: the success story of Manana guest house (video)

YEREVAN, September 1. /ARKA/. Four years prior, Astghik Ghazaryan, a professional educator, established the Manana guest house in her hometown of Marmarik.

This location attracts enthusiasts of rural charm and comfort. In addition to a cozy stay, visitors can explore ancient Armenian crafts such as carpet weaving, textile production, and doll crafting, as well as engage in hiking excursions and savor a variety of homemade meals.

The Manana guest house is among the beneficiaries of the Rural Tourism Development initiative by the ACBA Federation and the  German Nature and Biodiversity Conservation Union (NABU).  This program enabled Astghik to address the irrigation challenges faced by the gardens of the guest house.

“Throughout the three summer months, numerous guests visited our establishment, expressing that the conditions here are outstanding and that they would be delighted to extend their stay. It was during this time that the concept of transforming our home into a guest house emerged. I consistently keep abreast of current events, which is how I discovered that the ACBA Federation and NABU had launched a grant competition for guest houses titled ‘Green Guest House.’ I submitted an application, they came to evaluate it, and it turned out that our guest house was one of the five winners in Armenia. We considered that rainwater could serve as a source for irrigating the garden. Thanks to the program, we now possess a two-ton tank that collects rainwater from the roof and automatically irrigates the garden,” stated Astghik Ghazaryan.

Astghik has numerous plans for enhancing the guest house, which will increase the recognition of her village in the future. The Manana guest house is situated at the following address: Tsaghkadzor community, Marmarik village, tel.: 093 24 13 40.

The ACBA Federation is the only significant shareholder of ACBA Bank, owning more than 75% of the bank’s shares. Through its participation in ACBA Bank, the ACBA Federation contributes to the development of agriculture, small and medium-sized businesses in rural areas, community development, revitalization and development of the business environment in communities, as well as the growth of the well-being of each person engaged in entrepreneurial activity in the above-mentioned areas throughout Armenia.-0-

spot_img

POPULAR

Central Bank of Armenia plans to develop an Open Banking concept in 2027: Galstyan assessed the prospects for cheaper financial services

The Central Bank of Armenia plans to develop an Open Banking and Open Finance concept in 2027, after which it will be formalized into law. This was announced by Central Bank Chairman Martin Galstyan.

Freedom Broker Armenia Director Expects Pause in Central Bank Rate Hike, but Points to Conditions for Further Increases (EXCLUSIVE)

The Central Bank of Armenia's further decisions on the refinancing rate will depend on inflation dynamics and its structure, according to Freedom Broker Armenia Director Hovak Hovakimyan.

Central Bank of Armenia acquired $1.9 billion in market from beginning of year through September – Finance Minister

The Central Bank intervened in the market and acquired approximately $1.9 billion from the beginning of the year through September, Armenian Finance Minister Vahe Hovhannisyan stated in parliament while presenting the draft state budget for 2027.

Armenia’s fiscal policy in 2027 will restrain aggregate demand: Central Bank Governor

Armenia's fiscal policy in 2027, if economic growth remains slightly above the long-term sustainable level, will have a certain restraining effect on aggregate demand, stated Central Bank Governor Martin Galstyan, presenting the regulator's conclusion on next year's draft state budget to parliament.

Armenia’s 2027 state budget envisages a reserve fund of 0.3-0.6% of GDP — Galstyan

Armenia's draft state budget for 2027 envisages the formation of a reserve fund of 0.3-0.6% of GDP, announced Martin Galstyan, Chairman of the Central Bank of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img