Ashot, himself, has been engaged in agriculture and farming for thirty years. In his farm he has cattle, pigs, bees, and agricultural machinery, including a tractor. Ashot is a very kind and hardworking man, and he helps his neighbors and fellow villagers in agricultural work, with his tractor. He also sells his agricultural products in the wholesale markets of Kapan, or sometimes to re-sellers. The profit from agriculture allows Ashot to support his family, as well as possible.
Ashot asks a loan of 1,000,000 Armenian drams (AMD) from Kiva. He will use the loan to buy some tractor spare parts, which will enable him to work faster and more productively.
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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