A loan of $1,400 helped to buy flour for his bakery and to increase his shop’s assortment.


Avetik's story

Avetik A. is 54 years old and he lives in Ijevan city with his wife and his school aged son. In 2007, Avetik and his wife organized their own bakery which they have managed to the present time. At the same time Avetik runs a food shop, where he sells part of his bakery’s production. The remaining part of his bakery’s production is delivered to other food shops. Thanks to their hard work, Avetik and his wife were able to buy a car, which makes their work much easier. Now they can transport their bakery’s production and shop’s merchandise without excess expenses. Avetik asks for a 500.000 AMD loan to buy flour for his bakery and to increase his shop’s assortment. Avetik received a loan from Nor Horizon four times already without delays in payment.



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Loan details