But Marus fell on very hard times; her lovely husband died and she couldn't support her family needs alone, as the salary at the kindergarten was not sufficient, so she started to run her own business. She imports men's and women's clothes from overseas wholesale centers and sells them in her own store in Ijevan city. With the profit from her clothes trading she provides part of her family needs. Another part is provided by her son, who now works in the Russian Federation.
Marus needs a loan to buy, from Yerevan wholesale markets, a new assortment of spring-summer seasonal men's and women's clothes for reselling.
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.
190View loans »
This loan has been fully funded!