There was a time when it was very hard to provide two students with normal living conditions and also pay tuition fees with the salary of teacher. So, she decided to start her own clothing trading business. She mainly sells women’s clothing at a rented stall in the city’s wholesale market. Ruzanna brings products to her stall from the Yerevan wholesale markets once a month with the help of her husband.
Ruzanna requests a loan of 1,000,000 AMD so that she can both renew her stall’s women’s clothing assortment and buy women’s under garments to begin selling as well.
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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