Arshak S. is 35 years old. He lives in Ijevan with his wife and 2 school-age daughters. Arshak’s wife is a housewife. Arshak has had his own business for 16 years. He rents a shop, where he sells food and household goods. With the income from his business Arshak was able to repair his house, buy furniture, and care for his family.
To increase his business income, Arshak is requesting a 1.000.000 AMD loan to buy an assortment of New Year’s products for his shop, like candied fruits, raisins, nuts, candy, and beverages.
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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