He started to breed animals in barn near his house. He breeds cows, sheep and horses. In winter his animals stay in the barn and in the warm season the roam the pasture, where they stay until November. Meat and dairy products, which come from his animals, he sells to his townsman's in Vanadzor. He has many customers and the profit from his activity allows him to meet his family’s needs.
So Stepan is requesting a loan from Kiva to buy four cows. This will allow him to enlarge the quantity of dairy products which Stepan can produce on his farm. By doing this Stepan can improve his family's living conditions.
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.
To stay updated on loans from Armenia, please join the Armenia lending team at http://www.kiva.org/team/armenia.
105View loans »