Yeghishe lives in Chiva village of Vayotc Dzor region with his wife and two sons. The family is involved in agriculture. They run a farm where peach, pear, apple and nut trees are grown. Yeghishe is engaged in cattle breeding as well. He keeps an ox, a cow and 7 chickens. As the family has to wait until spring to gather harvest and sell it, it is very difficult for them to cover their daily operational costs. Yeghishe has applied for this loan to expand his livestock. With the requested amount he will purchase a cow and forage for feeding the livestock. As agriculture is the only source of income for this family, the loan is very important for Yeghishe to have stable income during the winter.
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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.