Tigran used to be engaged in farming and agriculture when he lived in the village of Svaranc, but after moving to Kajaran he began working at the rescue squad as a redeemer. Tigran is the only bread-winner in his family, since his wife does not work and she takes care of their school-aged children and the house.
Tigran asks a loan of 300,000 Armenian drams to buy the needed school clothes and some stationery for his daughters for the coming school year.
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