Ruzanna is married and she has 3 children: 2 daughters and a son. Her husband and her son go to Russia once a year for several months for seasonal work. Her elder daughter helps Ruzanna in the agricultural business; Ruzanna’s younger daughter attends school.
Ruzanna needs a $2,000 loan to buy some dairy calves which will allow her to produce more dairy products in future to resell. This is Ruzanna’s third loan from Nor Horizon and she always makes her repayments 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