This is Goharik’s 13th loan from Kiva partner, Nor Horizon, and her second loan via Kiva. Goharik used her first Kiva loan to buy a large lot of glassware and souvenirs, which she sold very profitably. Now she is asking for a 1,000,000 AMD loan to increase her shop’s assortment by purchasing flower bowls, fruit bowls, etc.
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