He used to work at the bread factory as a driver, then for several years he went to the Russian Federation and did construction work. Now he is engaged in farming and agricultural activities. On his plot of land he cultivates potatoes, which he sells through the re-sellers, and he also gathers hay, which he uses as animal fodder for his farm cattle. He has calves and cows, and also a lot of chickens on his farm.
Artak asks a loan of 900,000 Armenian drams to buy a lot of animal fodder for his farm cattle, which will be enough during the whole winter.
More information about this loan
This loan is designed for borrowers in rural areas with a special focus on the agribusiness sector in Armenia.
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!