Anush raises apple trees and potatoes, and sells them at the city wholesale market. She has 30 chickens and she sells both eggs and poultry meat. Anush manages everything about the farm alone, since she is divorced. Her elder son lives with her husband, her daughter is already married, and she lives with her family. Only her smallest son lives with her, but he is school-aged and does not manage to help his mother over their farm.
Anush says that all the work that she does is of great pleasure for her, and if there would be some financial support, she will have better results at the end of each season, and more income as well.
Anush asks for a loan of 250,000 Armenian Drams (AMD) since she wants to buy potato seedlings and some diesel fuel for land cultivation activities.
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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