Simultaneously to his work in village administration, Gegham and his wife have engaged in land cultivation and animal breeding. They grow wheat and sell part of their harvest in Kapan city market, and another part they use on their farm. Also, they breed cows, pigs, turkeys and chickens, and they sell dairy produce and meat at the Kapan market to their regular customers.
Gegham is seeking a 1,000,000 Armenian dram loan to buy a truck, which he will use for his farming needs. Gegham received loans from Nor Horizon four times, and he has never delayed his repayments.
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