Still, the main income for his young family comes from the farming and gardening in which this couple is engaged. On his farm Arnold has four cows, a calf and a large plot of land. He sells milk, meat, apples, nuts and figs through the re-sellers. Arnold is asking for a loan of 250,000 Armenian drams in order to buy a calf and animal fodder for his 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