Anzhela lives in the town of Sisian with her husband and their 15-year old daughter. Anzhela and her husband are both involved in farming. They cultivate barley and potatoes on farmland located outside the town.
Anzhela has applied for this loan in order to begin planning the cultivation of her potato crops. She plans to utilize the loan funds to purchase potato seeds, fertilizer, and fuel, all of which she plans to use for planting, cultivation, and eventual transportation of the harvest.
The rich harvest Anzhela hopes to obtain will allow her not only to sustain her family during this year, but will also bring in addiitonal income from the sale of the produce. She will invest this extra income in developing her agricultural efforts for next year.
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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.