Serob is a private entrepreneur renting a workshop and stall in one of the biggest jewelry markets in Yerevan. He makes and sells his jewelry there. Thanks to the profit from his business, Serob can meet his young family's needs, and buy new furniture and household appliances for his apartment.
Serob asks for a $2500 loan to buy gold for his business because prices for gold are going up in gold markets now. He hopes the loan will help him to increase his profit in future.
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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