Suren is a 46-year-old farmer from Lukashin village. He lives with his wife, daughter and son, who help him with agricultural work. He has been involved in agriculture for more than 15 years, and it is his only source of income. Suren's farm currently includes 30 chickens, a mother pig, 60 lambs and 8 cows. He also owns some agricultural land, where apricot, plum and pear trees are grown. He works hard to gather good harvests and sell his produce in the local market.
Because Suren has insufficient funds to increase the number of his livestock, he has applied for this loan. With the loan's help he will purchase nine bulls, which will help him to earn more agricultural income. The expansion of the farm is very important, for Suren to be able to sustain his family and improve their living conditions.
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.