Susanna has a higher education and for five years she used to work as an accountant in Sevan. But for more than two years she has been jobless and so she raises cows, bulls and chickens at her farm. The products from farming Susanna sells in the Sevan food markets. She says that raising animals is a very hard occupation, especially for women, but at the same time it is very profitable. Susanna does her best to ensure a good future for her children.
Susanna decided to increase the number of her animals and for this she asks a loan from Kiva lenders to buy two calves and fodder for animals. This is the sixth loan from Nor Horizon for Susanna and the first one from Kiva, and she hopes that her first deal with Kiva will have a good success for her agricultural business.
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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