Because agriculture is the only source of income for the family, Norayr wants to expand their enterprise and so has requested this loan to purchase three more cows. The resulting increased milk production will be used to make more cheese, thereby significantly increasing family income.
The loan is very important for Norayr, as higher profits will ensure better living conditions for his family.
About SEF InternationalSEF’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.
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