Aramayis already two years has his own business. In a small garage he does car repairs, tire repairs, and car-washing services. He also has a small business of selling fish, which is seasonal. He has a small stall on a highway of Yerevan-Tbilisi, and during summer his fish selling is always doing well.
With coming winter months Aramayis wants buy winter tires, which very soon will be of great demand. He asks a loan of AMD 1,000,000 in order to buy winter tires and some car parts for his work.
More information about this loan
This loan is helping support a borrower who is under age 30. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources
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.
To stay updated on loans from Armenia, please join the Armenia lending team at http://www.kiva.org/team/armenia.
Loan tags help lenders find loans that match certain areas of interest. You can add up to 5 tags for this loan.
123View loans »
This loan has been fully funded!