Karen buys fruits and vegetables from Yerevan and other Armenian villages and also from Georgia. He sells them in the Ijevan market by himself and distributes them to other stalls in the market as well. In this way he supports his family.
Karen is asking for a loan of 1,000,000 AMD to buy tomatoes, cucumbers, oranges, mandarins and grapefruits, which he will sell during the New Year’s holidays.
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