Feliks has run his own business for five years already. He buys accessories for bunches of flowers, such as stained paper, baskets, etc., from China and wholesale fairs from Yerevan, stocks them and then distributes to the Lori region’s flower shops. Feliks’ brother helps him in business and thus they provide for their family.
Feliks says before New Year’s holidays, flower shops demand large lots of accessories, and to fulfill their orders Feliks is asking for a 1,000,000 Armenian dram loan to buy various ribbons, accessories for flowers, baskets, etc., for his business.
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.
To stay updated on loans from Armenia, please join the Armenia lending team at http://www.kiva.org/team/armenia.
133View loans »
Success!! The loan was 100% repaid