Tractor Leased to a Consumer Cooperative

2012-10-31

On October 30, 2012 “Farm Credit Armenia” signed a Memorandum with French “Association of Aznavour for Armenia” Armenian Representation. The latter will provide leasing prepayment for “Tsirankut” agricultural association consumer cooperative. “Farm Credit Armenia” is going to lease a Belarus tractor 311 to the “Tsirankut” consumer cooperative. The cooperative was founded in September 2011, operates in Varagavan village, Tavush region and has 31 members. The leased tractor will be helpful in the process of vineyards harvesting.
The Memorandum was signed between “Farm Credit Armenia” Deputy CEO Mushegh Petrosyan and French “Association of Aznavour for Armenia” Director Gerard Margossian.

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