For more than 20 years, Shamagha worked for her town's government. Now, the only source of Shamagha’s family income is farming and animal breeding. Shamagha and her pensioner husband have been engaged in the agricultural business for many years. In her garden, Shamagha grows tomatoes, peppers, cucumbers and potatoes, which her husband sells in Ijevan's markets. Shamagha also breeds piglets. She has a large barn for pigs near her house and keeps more than 15 pigs. Shamagha is very satisfied by her animal breeding, which allows her to meet her family needs.
Shamagha needs a loan of 1,000,000 to repair the barn for her piglets. A new, large, comfortable barn will allow her to add the number of pigs that she raises. She hopes to finish the repairing process before the cold season.
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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This loan has been fully funded!