In addition to his military service, Petros is engaged in farming. On his farm he breeds cows, calves, and sheep. He sells dairy products and meat to his neighbors and to re-sellers. Petros’s wife and elder son also provide for the family by helping him with the farm.
Petros has received three loans from Nor Horizon, and his repayments have never been delayed. He is currently asking for a 1,000,000 AMD loan, which will help him to buy two more cows for his farm and to buy fodder for his farm animals.
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