Marine has engaged in woman's and children's clothes trading for about 5 years. She rents a part of a shop where she resells clothes, which she buys from Yerevan. Once a month Marine and her colleagues from the same shop rent a car and go to Yerevan to purchase products and thereby thanks to joint action they decrease their expenses.
Marine says that children's clothes are always in demand, so she intends to enlarge children's clothes assortment at her stall. Therefore, Marine is asking for a 500.000 Armenian drams loan.
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