A loan of $775 helped to convert his vehicle engine to work on CNG (compressed natural gas).


Davit's story

Davit, 30, drives a taxi and thus he provides for his family. Davit lives in Vanadzor but he drives his taxi not only in the Vanadzor city area but also he drives his passengers to the Armenian capital, Yerevan, and to Georgia as well. The main part of Davit’s passengers who travel long distances are sellers, who buy merchandise from Yerevan and different cities of Georgia. Those sellers now are Davit’s regular passengers as Davit always drives his passengers safely and with care.

Davit lives with his parents, who are unemployed, so Davit’s business is the only source of income for them.

Davit wants to reduce his business’s expenditures, so he is asking for a 300,000 AMD loan to convert his vehicle engine to work on CNG (compressed natural gas), as CNG is cheaper and also eco friendly in comparison with petrol.

This is Davit’s second loan from Nor Horizon.



Loan details


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Loan details