For many years Artur worked at a furniture workshop in Yerevan city, but since 2010 he began his own business in the city of Vedy. Now he has a small workshop of his own where he takes orders, mainly making kitchen and restroom furniture.
His workshop is very well known not only in Vedi but also in nearby regions, and that is why he has many loyal clients who want to order their desired style of furniture particularly at his workshop.
Artur asks a loan of US$ 2,800 dollars in order to buy a lot of raw materials for his work. He has many orders and he must fill them on time, but he lacks materials, which makes his work slow and not productive.
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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