Silva has graduated from College of Trade and she has a specialty in commodities. It is more than ten years that Silva has engaged in the clothes trading business where she rents a stall. She sells only women's clothing, such as jeans, blouses, skirts, etc. She brings the clothes for sale from Yerevan wholesale market in a rented car. She says that she already knows what kind of color and fashion clothes the youth prefer.
Silva asks for a loan of 1,000,000 Armenian drams (AMD) to buy a lot of clothes for sale in the coming season, and she wants to buy women's underwear to start selling this also.
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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