Murad and his wife earn their living by being engaged in farming and agriculture. They breed on their farm a cow, a heifer, three piglets, 10 sheep, and 20 chickens. On their plot of land, they cultivate potatoes and cabbages. Murad sells all his farm products at the local wholesale market.
Murad asks for a loan of AMD 800,000 (Armenian drams) in order to buy a hay-mowing machine, which he will use on his own and which he can rent to his villagers.
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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