Funded

Total loan: $2,125
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Rudik

Armenia
Ijevan, Armenia / Food Stall

A loan of $2,125 helped to buy new varieties of coffee.


Rudik's story

Rudik is 35 years old. He lives with his wife and 2 pupil daughters in Ijevan city. His wife does not work and takes care of their children. Since 1995 till 2003 Rudik used to work in the Ijevan trade market as a scrutineer (market inspector).

Rudik decided to run his own business, and since 2003 he has engaged in a coffee business. He buys coffee from wholesale markets in Yerevan and resells it in a rented place in Ijevan market. He also offers to grind his clients' coffee for free. This proposal helped him to increase the number of customers so now he needs to add to the volume of his coffee.

Thanks to his business, Rudik is solving his family's needs and helping his pensioner parents. He has received loans from Nor Horizon 4 times and has never delayed his repayments. Rudik needs an 800,000 AMD loan to buy a lot of new varieties of coffee for his business.



Loan details

Loan length:

32 months
Disbursed date: October 13, 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 13, 2011
Facilitated by Field Partner: Nor Horizon Universal Credit Organization Limited Liability Company