Armen has been running a farm for already six years. He lives with his mother, wife and four year-old little daughter. Armen breeds cattle (he has nine cows and three calves). He also cultivates wheat, potato, beans (haricots) and grows nut, apple and pear trees. As the only breadwinner of the family, Armen works hard to gather a good harvest and high income.
As the farming business is the only source of Armen's income, he has applied for this loan to expand the farm.
With the loan's help Armen will purchase three calves and forage for feeding the livestock.
The loan is very important for Armen to earn more income and improve his family's living condition.
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.