At the same time, Tsaghik is engaged in an agricultural activity. She breeds some cows and a pig. The agricultural products Tsaghik uses for her family. Tsaghik is 53 years old and a widow. She lives in Tsovagyugh village in the Sevan region with her daughter-in-law. Tsaghik’s son lives and works in Russia at the moment. Her daughter-in-law helps Tsaghik in her occupation and thus they provide for their family. Tsaghik is a cook and for many years, she worked at recreation area restaurants as a cook.
Tsaghik is asking for a 500.000 AMD loan to buy swimsuits, towels, ring-buoys and other beach accessories to resell.
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