She has two sons, the younger one is serving in the Armenian army and the older one has recently returned from the army and now helps Anna on the farm.
Farming is the only source of income for Anna’s family so Anna intends to develop it. Therefore, she is asking for a $1,300 loan to buy potato seedlings and fertilizer ahead of the sowing season.
This is Anna’s fourth loan from Nor Horizon and she has never delayed her repayments.
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