Vigen lives in the city of Kapan with his wife and two children, both of whom are students. Vigen studied geology at the Polytechnic Institute, but now he has his own business, unrelated to his studies. For eight years he has been engaged in trading fresh fish, and recently he managed to buy space so he can work without paying rent. Vigen has great variety of fish, which he buys from fishermen at the Kapan and Kajran wholesale markets, where they bring live and fresh fish. Vigen has some new plans for enlarging his business. He is applying for a loan of 1,100,000 AMD (Armenian drams) to open a public food preparation point right in his shop, making us of the perfect assortment of fish that he sells in his shop.
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.