Funded

Total loan: $1,875
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Mher

Armenia
Ijevan, Armenia / Clothing Sales

A loan of $1,875 helped to buy autumn and winter clothes for his business.


Mher's story

Mher is 42 years old. He is married and has two children: a son and a daughter. Mher and his family live in Ijevan City. His son is studying at the Ijevan branch of Yerevan State University, and his daughter is attending school.

Several years ago Mher worked as watchman at a Ijevan carpet manufacturer. Then he and his family moved to Russia where they lived and worked for about 7 years and in 2003 they returned to their native land. Now Mher works at wood-working shop as a master.

Simultaneously with his work, Mher has run a clothes and shoes trading business since 2010. He and his wife buy clothes from Yerevan and resell them from their house at Ijevan city. They sell mens, women's and children’s clothes. Thanks to his occupation, Mher pays for his son’s education and supports his family.

Mher is seeking a 700.000 AMD loan to buy autumn and winter clothes for his business. This is Mher’s second loan from Nor Horizon.



Loan details

Loan length:

32 months
Disbursed date: October 7, 2011
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company

Lenders and lending teams



Loan details

Loan length:

32 months
Disbursed date: October 7, 2011
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company