Both Khachik and his sister are students, but it does not impede this young man from being engaged in beekeeping. He has 62 beehives. Since Khachik is seriously interested in beekeeping, he reads a lot and asks advice from the people who are already skilled in this activity. Despite his young age, he manages to have very tasty honey of a high quality, which he sells with the help of re-sellers.
Khachik is requesting a loan of 800,000 Armenian drams in order to increase the number of his beehives.
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.
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This loan has been fully funded!