For several years she worked as a weaver, but since her husband died she fully became engaged in farming and agriculture. Both her sons are in the Russian Federation for work abroad. So she alone manages to raise one cow, two calves, two piglets and thirty chickens in her farm. She also cultivates potatoes which she sells through re-sellers.
Lareta has a tractor which, because of being unused for many years, has become out of order. Lareta has decided to use it during her agricultural activities. She is asking for a loan of 800,000 Armenian drams in order to repair her tractor.
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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