Silvard, her husband and her daughter run a food and household goods trading business to provide for all their needs. Silvard buys merchandise from suppliers and sells them in her private shop. Her daughter helps her in the shop and her husband finds new suppliers. This is Silvard’s second Kiva loan. With her first loan, she was able to organize her household goods trading shop. Now Silvard is requesting a loan of 1,000,000 AMD to buy a New Year’s assortment of candy, beverages and New Year’s decorations to resell.
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