At the same time, she has been engaged in a farming and agricultural business with her family. She grows in her garden vegetables, which her husband sells in Sevan fruit markets. Satik has a large animal barn and breeds cows and sheep. The main income in her family is from agriculture as salaries are too low in her region. Satik also has a large plot of land near Varser village. From this land, Satik takes fodder for her animals. Without any mechanical tools it is very hard to mow the grass. So she needs a loan to buy a mowing machine, which Satik and her husband will use to mow grass and collect fodder for winter for her animals.
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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