Siranush is married and she has two sons; her elder son lives and works in the Russian Federation and the smaller son lives with them and works as a deliverer at the local major company of mineral water production.
Siranush’s husband in unemployed and, together with his wife, he is engaged in farming and agriculture. They have a small and cute farm where they are raising two calves, two piglets and 20 chickens. They also cultivate beans, potatoes, tomatoes and cabbage. Siranush manages to sell the gathered harvest at their local wholesale market, but the income from their vegetable garden hardly covers their family's needs, so their wish to enlarge their farm with several animals still remains unrealized.
Siranush has decided to ask a loan of 600,000 Armenian drams in order to buy several piglets and start swine breeding, and she also wants to buy animal fodder for the coming winter. Her four loans from Nor Horizon Siranush have been successfully paid back and she waits for this loan impatiently to enlarge her farm.
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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This loan has been fully funded!