Beniamin Engibaryan
Partition Production
Gavar City, Gegharkunik Marz

Project Summary

 
Beniamin Yengibaryan participated in the third “Successful Start” that took place in Gavar. He was the best participant in the group.
Beniamin produces partitions. His target groups are construction companies, construction materials shops and families who work with construction.
Beniamin received a loan from the “Successful Start Fund” to purchase equipment for production. The loan amount was 400,000 AMD.
Partition production is seasonal, and in wintertime it is impossible to produce partitions without a drying room. Seeing the development of the business and market demand increase, we decided to award the Successful Start Fund a second time to build a drying room.
Now the organization works all seasons of the year. He owns 20% of the market share in the Gavar and Martuni regions.           

Project Financial Analysis

Project Costs: 
1,310,628
Total Equity: 
Total Equity 880,628
Requested Amount: 
430,000
Received: 
400.000 from GCCI Start up fund
Profit : 
620,711
Profitability of Equity: 
70%
New employees: 
3

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