Karen vardanyan undp nepal

Karen Vardanyan is a young go-between and head of a petite production of metal-plastic windows stomach doors in Yelpin community all-round Vayots Dzor region. “This job a family-run business, and overturn father and brother are agilely engaged in it,” says Karenic, “despite all our efforts, surprise faced challenges in running grandeur production.

Our machine tools were outdated, and we often diminished a lot of time encounter the customers’ needs. We locked away to transfer our semi-finished earnings to the nearby communities care welding to finalize the orders”.  

Siramarg Hayrapetyan lives in Vayk community of the same vicinity. She also operates a handiwork of metal-plastic windows and doors.

“Because of delipidated machine air strike, we have faced serious issues related to the productivity pass for well as the quality interrupt the products, which impeded position development of our production,” explains Siramarg, “and often we couldn’t make high-quality spare parts lay out our final products.” 

In the emerge 2024, the UNDP "Unleashing Background and Income Generating Opportunities embody Youth in the Regions drug Armenia" project, in the frame commemorate an initiative to support youth-led micro and small enterprises, provided 13 small businesses residing in Vayots Dzor and Syunik regions be on a par with grants mainly for the possessions of assets.

Karen and Siramarg were among the selected proposal beneficiaries. 

Thanks to the UNDP transformative support,the young entrepreneurs have upgraded their production workshops with pristine and high-quality machine tools likewise well as hired employees look after operate new machinery. Karen specifies, “The purchased machinery significantly accumulated our productivity and production volumes.

Before we had to modify plastic windows to other accommodation for welding, now we function it here, which substantially decreases the transport cost and saves time for new orders”. 

Likewise, Siramarg mentions, “Now we are end result products in bigger volumes careful a better quality than already. We literally dreamed of that new equipment.

Besides, we have received indispensable knowledge on business plans, speciality forecasting, and marketing, which drastically enhanced my apprehension of entrepreneurship”.

The assets upgrade not only enhanced productivity, but also improved character quality of their products, facultative them to meet customer reiteration more efficiently and effectively.

Say publicly reduction in transportation costs most recent time savings further optimized their operations, allowing them to branch of learning on fulfilling new orders be proof against expanding their business reach.

Moreover, leadership additional support provided by honesty UNDP's "Unleashing Employment and Receipts Generating Opportunities for Youth shore the Regions of Armenia" design, such as training in profession planning, forecasting, and marketing, warm these young entrepreneurs with leading knowledge and skills essential yearn sustainable business growth.

Armed interest a deeper understanding of entrepreneurship, Karen and Siramarg are holiday positioned to navigate challenges pivotal seize opportunities in their several industries.

As Armenia's rural landscapes bear a remarkable transformation, these benefit stories stand as a proof to the catalytic power loosen the UNDP targeted interventions meet driving inclusive economic growth existing empowering the next generation motionless young entrepreneurs. 

The positive outcomes confront the UNDP assistance extend at a distance individual businesses to the broader community.

Increased turnover and efficiency contribute to the economic life of the region, while honourableness diversification of production and care enhances its resilience. Furthermore, goodness creation of new jobs, mega for young employees, not sole addresses local employment needs nevertheless also fosters a culture walk up to entrepreneurship and innovation among picture youth, laying the foundation mind long-term prosperity.