Karen is involved in agriculture. He raises cows and chickens, keeps beehives, cultivates onions and grows fruit trees. Karen would like to develop beekeeping, which requires sufficient investments. With the requested loan, Karen plans to purchase 13 beehives. Karen will also purchase forage to feed the cows.
Karen hopes to earn more income from the sales of honey, which will give him the opportunity to keep expanding his farm.
Karen lives in Yeghegnadzor town with his wife, father and brother. Agricultural income is vital for the family to cover daily costs and make ends meet.
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.