Narine and her family members are engaged in farming and agriculture. They have a very nice orchard full of apple and peach trees, and a very nice vineyard. They also have farm cattle - three cows, three piglets, twenty chickens and three beehives.
So they manage to sell meat, various dairy-products, eggs, honey, and fruits, and they also sell wine they make on their own. So in this way, they earn their family living. Narine now is very worried since they are short of money and their son is going to get married and they must do some expenses connected with this wedding party.
Narine asks for a loan of 450,000 Armenian Drams in order to buy furniture for her son’s bedroom in order to make it nice and comfortable for his bride.
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.
104View loans »
Success!! The loan was 100% repaid