Samvel has a car washing center in a space he rents. He has been in this business for two years and the income is too low. Only having a small family helps Samvel to overcome all the difficulties connected with his family needs and his business.
Samvel is requesting a loan of 300,000 Armenian Drams (AMD) to be able to provide new a carpet cleaning service. He wants to buy equipment for cleaning carpets, a rack for the carpets and a water line installation.
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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