Thanks to his mother’s skills of making different dairy products from milk, they sell cheese, butter, curd and macun (an Armenian national dairy product). Andranik plans to make his farm bigger so that he will also start to sell meat.
He asks a loan of 500,000 AMD in order to buy bulls and fodder for his farm animals. Andranik hopes that the purchase of bulls and the income from its meat sale will help him to pay for his education as well.
More information about this loan
This loan is helping support a borrower who is under age 30. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources
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!