Hrachya T. is a 36-year-old man, married with a newborn child. His mother and sister live with the family. Hrachya is the main breadwinner in the family.
Hrachya used to sell vegetable oil, various food sauces and some food preserves. When the business stopped due to the economic crisis, Hrachya rented out a small bakery with a “tonir” (traditional Armenian wooden stove) where he cooks Armenian bread. Hrachya’s neighborhood loves the bread and would like to buy the fresh bread directly from him. Hrachya has requested a loan to buy another oven and open a small bread shop next to the bakery.
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SEF’s mission is to extend business development and financial services to emerging entrepreneurs in search of productive opportunities to support their families and communities and to build bright futures for children in Armenia.