A loan of $2,750 helped to buy spare parts for a car-repair business.


Arsen's story

Arsen H. was born in 1964 and lives in the town of Kapan. He is married and has two children -- a son who is serving in the Armenian army and a daughter who is a student in Yerevan. His wife is not currently employed. For the last 20 years, he has made a living running his own car-repair business. This has allowed him to support his family and pay for the education of his children. He is applying for this loan for 1,000,000 AMD to buy spare parts. This will be his fourth loan from Nor Horizon, and he has repaid the first three on time.



Loan details


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Loan details