Nairi and his wife have farmed and raised animals for a long time. They have a fruit orchard and grow grapes, wheat and oats (which they use as a fodder for their farm animals) as well. Nairi and his wife raise pigs and cows and are also beekeepers.
With income from his farm Nairi was able to pay for his children’s education, organized his daughter’s wedding and bought necessary furniture for his home. Now with his income from farming, Nairi supports his son in the army and pays for his younger daughter’s education.
This is Nairi’s fourth loan from Nor Horizon. He is now asking for a loan of 1,000,000 AMD to buy a bull calf and some beehives for his farm.
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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