His wife stays at home and takes care of their children, while Armen runs a fruit and vegetable shop. With his business incomes Armen was able to buy a van and now he delivers fruits and vegetables from Yerevan, different villages of Armenia and even from Georgia. He sells his merchandise from his van or from tables and boxes on the street.
Thanks to his business incomes he meets his family’s needs and has bought necessary furniture for their house.
Armen is asking for a loan of 400,000 Armenian drams to buy a large lot of citrus fruits (especially mandarins) and vegetables for his business.
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