8 years ago, Lyubov began to rent a shop where she manages her own business: woman's clothing retail shop. In her shop Lyubov retails skirts, trousers, blouses and outerwear. Her daughter's mother-in-law helps Lyubov in her business and replaces her once a month when Lyubov goes to purchase more merchandise. Now, Lyubov has some coats in her shop which remain from last year, and now she wants to increase her shop’s assortment of coats. Thereto she is asking for a 1,000,000 Armenian drams loan to buy winter jackets and overcoats for her business.
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