Andranik is 44 years old; he is married and lives with his wife and 3 school-aged children in Ijevan. Andranik’s wife helps him in beekeeping and with joint effort they produce high quality honey which is always in popular demand. Simultaneously with beekeeping and gardening Andranik works as a boxing teacher at a sports school. Thanks to his occupation Andranik is able to support his big family.
Andranik is seeking a 600,000 Armenian dram loan to buy some more bee families, which will allow him to produce more honey in future and thus to increase his family's income.
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