Karen is a farmer from Lorut village of the Lori region. He lives with his wife and two school-age sons (14 and 15 years old). He is extensively engaged in cattle breeding, in breeding livestock of sheep, pigs, piglets, and hens, and in cultivation of grass. Karen sells the agricultural products in the local market.
Agribusiness is the only source of income for the family. To be able to run it in a more efficient way, Karen needs to buy agricultural machinery. A loan of USD 2,500 will help him reach his goal, enabling him to purchase agricultural machinery. With the help of the latter, Karen's agribusiness will be more organized.
He and his family highly rely on the good will of the lenders and will appreciate their support in collecting the needed loan to sustain their agribusiness.
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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.