Hovhannes is an engineer, but for more than 10 years he has run his own business in a shop that he built by himself.
Hovhannes sells food and household goods, which he buys from distributors and from the wholesale depot. His wife works with him in the shop and replaces him when he goes to purchase merchandise.
Hovhannes has received 10 loans from Nor Horizon and now he is asking for a loan of 1,000,000 AMD to buy canned foods, cereals, sweets, candy, etc., for his shop.
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