As her nursing salary is too low, Arevik decided to run her own business in Kapan. Last year, Arevik rented a stall in the Kapan clothes market and started to sell children's and women's clothes, which she buys from the Yerevan wholesale markets and transports to Kapan with her husband's support once a month. Arevik is very appreciated by her new occupation and as she confessed, the trading business is more profitable. Profit from the business allows her to meet her family's needs. At the same time, she couldn't give up her medical profession, and from time to time, she helps people in her surrounding area if they need it.
Arevik asks for a loan from Kiva to buy a new assortment of women's and children's clothes for the summer season in order to sell them in her stall in the Kapan clothes market. She hopes that this first deal with Kiva will be very successful and profitable for her.
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.
Loan tags help lenders find loans that match certain areas of interest. You can add up to 5 tags for this loan.
125View loans »