At the same time, Arayik and his mother engage in animal husbandry. On their farm they have calves, sheep, pigs and chickens. Thanks to the income from farming Arayik supports his family and develops his farm. He seeks a $3,000 loan to buy eight or ten calves 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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Success!! The loan was 100% repaid