Since 2001, Hayk’s main line of business is farming. Thanks to his wife’s help, he breeds cows, sheep and chickens, and grows potatoes and garlic. Hayk sells his agricultural products at market or sells them to his neighbors.
Hayk has received a loan from Nor Horizon three times and he has never delayed his repayments. Now he is asking for a 1,000,000 AMD loan to buy fodder for his farm animals and a motorized cultivator, which helps him to increase land cultivation efficiency.
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