Garik lives in Khndzoresk village with his wife and son. He is involved in cattle breeding. In particular, he keeps 10 cows and also has a plot of land where he cultivates wheat, potatoes and barley. He works hard to gather a good harvest and sell it in the local market.
Because agriculture is the only source of income for this family, Garik would like to expand that business. He has applied for this loan, to use part of the money to purchase a milk cow. Garik will use the milk in cheese production, which will significantly increase his income. Garik will use the other part of the loan to purchase forage for feeding the livestock. The loan is very important for Garik, to expand his business and improve his family's living conditions.
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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.