Satik’s husband does not work and together they are engaged in farming and agriculture. They have a nice and not a small farm; three cows, a bull, three calves, nine sheep, four piglets and 22 chickens. On their plot of land they cultivate mainly potatoes and sell it to resellers. Several years ago Satik’s husband managed to buy a tractor which they use for their own and they also help other villagers on their land cultivation activities.
Satik is asking for a loan of 850,000 Armenian drams in order to buy a truck for her farm, which will help them greatly in their farming activities.
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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