Gohar sells only men’s clothes, and she says it is a correct choice, because the majority of offered merchandise in Armenian markets is women’s clothes, so she has a lot of regular customers. Once a month she imports clothes from neighboring countries to resell.
For a long time Gohar has solved her family’s needs and paid for her son's education thanks to her business income. Owing to this education, now Gohar’s son has a job and he shares the family’s expenses with his mother.
Gohar seeks a loan of $3,000 to buy winter assortment of sweaters, blazers, sweatshirts, jackets, etc. for her shop.
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