Manvel is from the village Byurakn of the Shirak region. He lives with his mother, wife, son and daughter. Manvel's family members, except for his daughter, work in the village school. However their salaries alone are not enough to meet the family's everyday living costs.
The most important source of family's income is the livestock of cows, sheep and hens, as well as the cultivation of wheat, barley and potatoes. The barn of the livestock is currently in poor conditions and needs to be renovated. Manvel and his family need to make some investments in the renovation of the barn in order to breed the livestock more effectively. They need a loan of USD 3000 to renovate the barn and to buy some forage for the livestock. The family will be grateful, and the lenders support will be highly appreciated in helping the family to run their agribusiness in a more efficient way.
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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.