Anahit rents a stall in the market, where she sells women's and children's clothes and also children’s shoes. Once a week she and her colleagues from the market, rent a car and go to Yerevan, where they buy merchandise for their business. Thanks to her business income, Anahit is able to provide for her family’s needs and to pay for her daughter’s education at the University. Also, Ahanit was able to repair her apartment and to buy necessary furniture for it.
This is Anahit’s fourth loan from Nor Horizon and she has never delayed repayment on her loans. Now, she is requesting a 700.000 AMD loan to buy an assortment of Spring woman’s and children’s clothes for resale.
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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