Marine lives in the village Noratus, which is in the area of Gavar. She is married and has two school-aged children. Her husband works as a builder, but he tries to help Marine around their farm, also. Marine is sure that she can enlarge their farm and earn greater profit from it. For that purpose, she asks a loan of 1,000,000 Armenian drams (AMD). She will use the loan to buy two cows, ten chickens, and a lot of fodder for her farm animals. It is Marine’s first deal with Kiva lenders, and she expects good results.
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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