Harutyun P. is 48 years old and lives in Vanadzor city. He is married with three children — two daughters and a son. One of his daughters is already married and lives separately; the second daughter is a student studying in Yerevan. His son is in school and recently became Armenian champion of freestyle wrestling. Harutyun is very proud of his son's achievements. For about 15 years Harutyun has been engaged in clothes trading in the Vanadzor clothes fair. His wife stays home and keeps the house. Harutyun needs a 1,000,000 AMD loan to buy spring and summer clothes to resell.
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.