Romik works as a cashier, and at the same time he is engaged in farming and agriculture. He has a cow, a calf, and 30 chickens. He also is seriously engaged in apple-orchard cultivation, and he manages to sell the harvest at the local wholesale market. His family income also reflects his beekeeping activities and pure honey that his bees make.
Romik asks a loan of AMD 1,100,000 in order to buy several beehives and piglets and develop his farming and income from it.
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