Armen works as a mill operator and simultaneously, with his wife, is engaged in gardening, raising poultry and beekeeping. On their plot of land they cultivate beans, tomatoes, cucumbers, pepper, grapes and plums. He also has twenty beehives and thirty chickens. In the city wholesale market, Armen and his wife sell their garden harvest, honey and eggs which brings a decent income to his family.
Armen requests a loan of 1,100,000 AMD to help with the costs of beekeeping, to fence his garden and also to buy fodder for chickens.
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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