For several years he worked at a private company and did different construction work. Now he is seriously engaged in farming. In a nearby village, Khdranc, he has a small and cute farm where he breeds 2 cows, 3 calves and 10 sheep. His farm’s product assortment is not great (from his farm he sells mainly milk and also some meat), but it is the only source of income for his young family, so that is why Davit spends much time and a lot of effort on the care of his farm cattle. He has a great desire in future to make it richer with cattle.
Now Davit needs this loan in order to buy a lot of hay for his farm cattle, the lack of which every farmer always has.
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!