For 20 years, Anush and her husband have been engaged in farming. On their farm they have a cow, a bull and chickens. The amount of milk and eggs that they manage to sell is very little and the income as well. Anush asks for a loan of 500,000 Armenian drams in order to buy two calves and fodder for her farm cattle.
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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Success!! The loan was 100% repaid