Since 1990, Edik has engaged in auto servicing. Now he is renting a workshop where he repairs cars, but he also has his own dilapidated workshop. He is asking for a 600.000 AMD loan to reconstruct this workshop. This will allow him to run his business at his own workshop and thus cut down his business expenses.
This is Edik’s third loan from Nor Horizon.
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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