Armen is a mechanical engineer, but he manages his own business: spare parts for cars. In the near future, Armen will become a father for the second time, so he intends to increase his family’s income thanks to his business development.
To achieve his goal, Armen asks for a 800,000 Armenian drams loan, which will allow him to adapt and repair part of his shop for a household goods trading organization and to buy merchandise for it.
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