Now Alina lives with her husband, two children and parents-in-law. Her son is serving in the Armenian army; her daughter is a student of Yerevan State University, Ijevan branch. Alina’s parents-in-law are retirees.
Since 1994 Alina and her husband have been engaging in clothing sales. They rent a place at Ijevan market, where they sell men’s and women’s clothes, shoes and slippers as well. Alina says that women’s clothes are in bigger demand, so the major part of her merchandise is ladies' clothes and shoes.
Alina says that her business allows her to keep her family, support her son in the army and also to pay for her daughter's education. This is Alina’s 4th loan from Nor Horizon and now she is asking for a 600,000 AMD loan to buy a large lot of men’s and women’s jeans to resell.
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