Gagik’s family members are all engaged in beekeeping which, in summer time, takes about fourteen hours per day. Thanks to beekeeping, Gagik solves his family needs. Also he sells bees to fellow villagers and helps them to take care of them.
Gagik asks for a 700,000 AMD loan to buy wax papers, frames and sugar for his beehives.
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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Success!! The loan was 100% repaid