Karine N. was born in 1967 in Kirovabad town in Azerbaijan. She is not married. Karine has a high education and she is a pharmaceutical chemist. In 1988, during the Armenian and Azerbaijan conflict, Karine and her mother transmigrated to Yerevan, where they lived as refugees. Now they are competent citizens of the Republic of Armenia and live in their own apartment in Yerevan. Karine started her own trade business about 10 years ago. Four times a month Karine goes to Turkey and imports clothes for her store in the Ararat trade center. Karine needs a $1500 loan to buy new shirts, trousers, suits, coats and perfumes to sell.
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.