For the last 20 years Karlos has been engaged in stock-breeding: he has cows and sheep on his own land. All his income goes to the needs of his family and farm. He asks for a loan of 1,000,000 Armenian dram to buy some sheep, cows, and fodder for his farm animals.
About “Nor Horizon”
“Nor Horizon” UCO LLC is committed to promoting poverty alleviation in Armenia by providing high-quality financial and other business development services to enterprising individuals in under-served rural and urban markets who have a strong will to establish and develop their own small-scale businesses. Originally created as the Armenian micro credit program of Oxfam (Great Britain) in late 1995, “Nor Horizon” LLC has been licensed under supervision of the Central Bank of Armenia since early 2006.
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