For about 15 years, Aleksan Antnonyan worked as a driver. Now he and his wife are engaged animal husbandry. With the profits from farming, Aleksan provides for his family’s needs, such as buying necessary furniture and organizing his children’s weddings. He also helped his son to set up his own business.
This is Aleksan’s third loan from Nor Horizon and second loan from Kiva. He has never delayed his loan repayments, and now he is asking for a 600,000 AMD loan to buy one more cow, and fodder for his farm animals.
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