Samvel is 56 years old, with 3 children, from Dalarik village of Armavir region and is involved in agriculture. He keeps two cows, gets milk and uses it in cheese production. Then he sells the cheese in a local market and gets income which helps him to cover his family's basic costs. But for a family of five, this income is hardly enough for making ends meet.
So, Samvel has applied for this loan to expand his farm. The loan will help him to purchase two cows, an ox and forage for feeding the livestock. The loan is very important for Samvel to increase the livestock, gather a high income and secure better living conditions for his family.
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.