For about 10 years, Artsvik has been engaged in animal breeding in her village. She breeds cows and pigs. Artsvik’s husband sells the meat and dairy products from animal breeding in Sevan regional food markets. The main income for Artsvik’s family comes from their agricultural business and animal breeding, because the salaries are too low in their region. Artsvik is satisfied and happy that with their hard work on their farm, she can meet her family's needs.
Artsvik decided to enlarge her animal breeding business. She is asking for a loan from Kiva to buy two piglets, two young cows and fodder for her animals. She hopes to receive a good profit from this deal and hopes to cooperate with Kiva again in the future.
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