Gohar has her own business; she sells bed covers, bed linen, towels, bathrobes, and night dresses both for men and women. She rents a stall at the wholesale market of their city. She is very satisfied of her business since the assortment of her stall is great, and she always has a lot of customers. She brings her stall product from Yerevan city once a month by the help of her husband.
She asks a loan of AMD 800,000 in order to buy a new collection of products for her stall.
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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