Artak's business has allowed him to support his family, but he is applying for a loan for 700,000 AMD to buy his own truck so that he can travel more often and buy more produce. His goal is to decrease his expenses and increase his income. This is his fourth loan from Nor Horizon; he repaid the first three fully and on time.
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