Ashot is a young entreprenur from Yerevan. For three years already he has been running a bakery. Now Ashot would like to purchase a new oven for the bakery to increase production and improve the quality of the products. Thus Ashot has applied for this loan. With the loan's help he will also purchase flour for bread production.
Ashot lives with his mother, a teacher, and his father, a police officer. Unfortunately, their salaries are too low and are not sufficient to make ends meet. So the current business provides the main income for the family. It's also important for Ashot to be a financially independant person and support his own family in the future.
About SEF International
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.