Felison graduated Yerevan State Engineering Collage and long ago he was working as an engineer. But over the last seven years, Felison has been engaged in a shoe-trading business.
Felison imports shoes from Turkey and resells them in a rented stall in the Hayrenik market in Yerevan. Felison’s wife helps him in the business and so they support their family.
Felison asks Kiva lenders for a loan of 2,400 US dollars to buy new spring/summer season shoes from Turkey 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