Arayik works as an auto mechanic. He has many years of work experience in this sphere and a good repute in Ijevan city. He implements his orders perfectly, and all customers are very pleased with his work. As he confessed, the secret of his work's good results, is that he does his work with great pleasure, although his salary is not much. Arayik's son works in the border troops of Armenia. His wife is engaged in clothes trading. His daughter-in-law doesn't work, apart from taking care for her children.
Arayik says that it is too hard to meet his family's needs in Ijevan city, even when his wife and son share their family expenses. So Arayik needs a loan, which he will use to buy some auto repairing materials and tools, for his activity.
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