Arayik now supports his family through his butcher shop, which he opened three years ago. Thanks to the income from his business, he hopes to expand in the future.
Arayik is requesting a loan of 1,000,000 AMD to buy some calves to raise and sell. This would be his second loan from Kiva and 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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