This is Mher's fourth loan from Nor Horizon and now he is seeking a 1,000,000 AMD loan to buy a large lot of fodder and transport it to his farm. Mher intends to use his future profit to setup an auto repair station, which will allow him to increase his family’s income in the future.
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