This is Andranik's second loan from Nor Horizon and now he is asking for a AMD 300,000 loan to buy a new barber's chair and also a water heater for his business. New facilities will allow Andranik to serve his clients in comfortable conditions and to meet their requirements.
Andranik is married and he has three small children. Andranik’s wife stays at home and takes care of the children.
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