Larisa has had her own business already for five years; she has a small stall where she sells a great range of fruits and vegetables. She buys her stall products from nearby village farmers every week. She sells beans, peppers, carrots, cabbage, tomatoes, and beets; she also sells watermelons, melons, bananas, apples, plums, grapes, oranges and pomegranates. Her stall is very nice one, full of colorful and tasty agricultural products. She has many customers who visit her stall every day and they are well satisfied, both with the products’ quality and the prices as well.
Larisa is asking for a loan of 1,100,000 Armenian drams in order to buy a lot of onions, potatoes and carrots for sale, which are in high demand during the winter period.
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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