Gerasim is also a perfect and skilled farmer. He has five beehives and he has a large fruit garden, where he raises the sweetest and the tastiest persimmons and dewberries. He says that the sale of his fruit harvest and the honey that his bees give brings a decent income for his family. Thanks to it, he managed to buy a flat and furniture for his younger son. The vegetables that he cultivates on his plot of land, including cucumbers, tomatoes, beans, and potatoes are mainly for the family’s everyday use.
Gerasim runs his farming with great pleasure and wants to make it bigger. He has asked for this loan because he wants to buy two bee hives and three piglets, and he will use the leftover money to organize spring sowing 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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This loan has been fully funded!