Laura was a cigarette-maker on the state farm for about 18 years. Since 1990, she has engaged in the breeding of cows and chickens, and cultivates land upon which she grows wheat for her family's use. Dairy products and eggs she sells to her neighbors or exchanges them for other products. Thanks to her income, Laura provides for her family's needs, pays for her youngest daughter's education, organized her three daughters’ weddings, and paid for their educations as well.
Laura used her first Kiva loan to buy some piglets for her farm. She is now seeking a 1,000,000 AMD loan to buy some calves and animal fodder, and plans to spend her increased income on her youngest daughter's education.
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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