Narine has a daughter and a son. Her husband is a constructer and he does different hired works in his village. In her farm, Narine has five cows, two piglets, 15 chickens and a large plot of land which serves her family as a source of fresh, pure and healthy vegetables (potatoes, beans, cucumber, tomatoes) and fruits (apples, plums, pears, etc.). All her farm goods (dairy products, meat, eggs, vegetables and fruits) she sells to re-sellers as well as using for her family to provide them with wholesome and mellow vegetables and fruits.
Narine needs a loan in order to make her farm bigger and to buy two bulls and animal fodder. She hopes that with the help of this loan, her family income will increase and it will become easier for her to pay for her daughter’s tuition fees.
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!