Starting in 2010, Aghabek, simultaneously with his permanent job, has been growing plants in his own greenhouse and has also been doing beekeeping. In his greenhouse he raises watercress, coriander, green beans, etc., which he sells in the Ijevan market during the winter months. Thanks to income from all his occupations, Aghabek supports his family and paid for his elder son’s education.
Thanks to his first Kiva loan Aghabek was able to construct a new greenhouse, where he grows cucumbers, tomatoes and hot peppers for sale. Now he is asking for a 1.000.000 AMD loan to enlarge this greenhouse and to lay out fig and persimmon orchards.
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