Mher, his wife and his mother are engaged in animal breeding, land cultivation, gardening and beekeeping. They raise cows, calves and chickens; grow wheat, oat, grapes, fruits and vegetables on their farm. With income from farming Mher supports his family and he was able to buy needed furniture for his house.
This is Mher’s seventh loan from Nor Horizon, and he has never delayed his repayments. Now he is seeking an 820,000 AMD loan to buy a cow, four piglets 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