For about 15 years Harutyun has been engaged in trading men and women clothing and sleepwear at the Vanadzor clothes fair. His wife stays at home and keeps the house.
Harutyun needs a 1,000,000 AMD loan to buy men's jackets for his business. This is Harutyun’s second loan from Kiva and 14th loan from Nor Horizon.
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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