Susanna and her family live in the village Ddmashen, which is in the Gegharkunik area. Susanna’s husband is in the Russian Federation working abroad. From time to time, he helps his family financially. Nonetheless, the couple has not been able to save enough money to care for the needs of their three children and, at the same time, to cover the upkeep of their farm. Among numerous maintenance problems in her farm, Susanna wants to solve the one that is the most urgent now -- she wants to repair the barn for her farm animals. To do this, she needs 800.000 Armenian drams of loan capital, and she also will buy some animal fodder. She thanks beforehand her Kiva lenders, and she anticipates your support.
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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Success!! The loan was 100% repaid