He has a rather big farm: 10 cows, 17 chickens and 17 beehives. He has a large plot of land on which he cultivates potatoes cabbages, onions, beans, and also some fruits such as apples and pears. He also has several nut trees. He sells all his farm goods at the local wholesale markets of Kapan city. He says he likes farming very much; it takes all his time, and there is no time left to think and feel pity that he did not manage to get married and have children, which makes his mother upset very much.
Ararat asks for a loan for the purchase of five calves, which will make his farm richer, and he can also start the sale of meat from his farm.
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!