Nor Horizon knows Stepan as a very responsible and serious person since he has taken out loans several times and he has paid them back successfully. This time, Stepan wants to cooperate with Kiva lenders and he asks for a loan of 300,000 Armenian drams to buy raw materials for his shoe production.
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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