He has been running a farm for about 12 years. On his farm he has cows, sheep, pigs and chickens. He also grows potatoes. With his wife’s help, Mkhitar manages his farm and sells his farm produce (milk, fermented milk, cheese, potatoes) in the Yerevan food market. He and his wife like their occupation and they work very hard, so they were able to organize their children’s weddings, and now they support themselves independently.
Mkhitar needs an 800.000 AMD loan to increase his number of sheep, which will lead to his family’s income growth in the near 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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