Sofya is 48 years old. She lives and runs her business in Yerevan. Sofya is married, and she has two adult children, a son and a daughter. Sofya’s husband works as a driver, and her son works as a storage worker at a book shop. Sofya’s daughter is married, and she lives separately from her parents. Sofya’s husband and son help her with her business, as it is the major part of their family’s income. Sofya is a teacher by training, but she has never worked as one. Instead, she worked as a shop assistant in a food shop many years ago, so she has good experience in this field.
Sofya needs a $3000 loan to buy tinned goods, tea, coffee, spices, confectionary, and other goods for her newly opened shop.
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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