A loan of $1,875 helped to buy a truck to use when buying and transporting produce.


Artak's story

Artak is 45 years old and lives in Ijevan city with his wife and daughter. Artak’s wife stays at home to care for their child. In the past, he was employed at a woodworking complex in Armenia, then worked in Russia for three years. In 1997, he returned to Armenia and set up his own business of selling fruit and vegetables. From time to time, he rents a truck to travel into the countryside to buy produce to sell, then returns to Ijevan city to sell these items from his stall.

Artak's business has allowed him to support his family, but he is applying for a loan for 700,000 AMD to buy his own truck so that he can travel more often and buy more produce. His goal is to decrease his expenses and increase his income. This is his fourth loan from Nor Horizon; he repaid the first three fully and on time.



Loan details


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Loan details