Thanks to her first Kiva loan Anahit increased her shop assortment, which allowed her to have a good income. This permitted her and her husband to repair a part of their house and to add a story to their shop, which is situated in their house’s yard. Anahit and her husband are also managing a gift shop in the new addition.
Anahit is requesting a loan for 1,000,000 AMD to buy food wholesale and New Year’s gifts for her shop. With future income she intends to complete her house construction. This is Anahit’s sixth loan from Nor Horizon and her second loan from Kiva.
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.
To stay updated on loans from Armenia, please join the Armenia lending team at http://www.kiva.org/team/armenia.
177View loans »
Success!! The loan was 100% repaid