AMD 4 165 643 to SIA Armenia program: Aren Mehrabyan Foundation is the august beneficiary of The Power of One Dram

AMD 4,165,643 is the result of the July program of “The Power of One Dram” initiative, which will be fully transferred to the Social Impact Award program of Impact Hub Yerevan, aimed at developing social entrepreneurship in our country.

IDBank and Idram companies report that the beneficiary of August is the Aren Mehrabyan Foundation, whose project aims to modernize and empower the Noyemberyan community of Tavush region through hydroponic systems.

According to Tatevik Vardevanyan, Head of Communications and CSR Department of IDBank and Idram, this is already the second cooperation of “The Power of One Dram” with the Aren Mehrabyan Charitable Foundation. “It is noteworthy that with our previous cooperation we contributed to the implementation of the educational programs of the Aren Mehrabyan Foundation, the result of which is the current program. In other words, those guys who participated in the educational courses of the foundation got jobs, today they produce hydroponic equipment, which, in turn, will serve the development of the Noyemberyan community and solve vital problems. It is known that farmers in these areas have a problem with pastures. Thanks to this program, huge investments will be made within a year, and we are glad that the Power of One Dram will be directed to this program,” says Tatevik Vardevanyan.

"The introduction of hydroponic systems in rural communities of Armenia will not only contribute to sustainable agriculture and the socio-economic integration of communities, but will also contribute to changing people's thinking, creating affordable, high-quality, environmentally friendly, profitable agricultural crops. This program is also aimed at the socio-economic integration of our compatriots forced to leave Artsakh. This cooperation with "The Power of One Dram" provides an opportunity to implement another important project for our homeland," says Satik Nairyan, Deputy Director of the Aren Mehrabyan Charitable Foundation.

To become a goodwill ambassador of “The Power of One Dram”, simply make all your payments via Idram&IDBank application, IDBanking.am online platform, Idram and IDBank terminals, and for each of your payments the companies will provide one dram for the implementation of the most important programs and initiatives. By the way, you can pay via Idram at more than 22,000 points of sale, making financial transactions instantly.

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