At the same time, Armen and his family are engaged in farming. Armen has a plot of land in Ijevan and there he performs his agricultural business. Armen grows fruits and vegetables and sells them in Ijevan fruit markets. Armen’s parents help him in farming. From time to time his father goes to work abroad and helps his family from the Russian Federation.
Armen decided to establish a new orchard and hopes to receive good profit after a few years as he said that he will have to patiently wait until the new trees became mature and start to give good harvest.
Armen needs a loan to buy young trees of fig, pear, apple and plum for his new fruit garden.
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