It is Rubik’s first loan and he wants to borrow an amount of 500,000 Armenian drams for the purchase of one cow and animal fodder. He and his family hope very much that Kiva lenders will give him an opportunity to enrich both his farm and his family income.
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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