After graduating from school, Lyuda worked in different positions and found trading to be more profitable than any other jobs. She has run her own clothing business for more than 15 years now. Today, Lyuda rents a stall in Vanadzor’s trading center and resells women’s sport clothes, which she imports from Yerevan wholesale markets. Her son also helps her in their family business and once a month sends a new clothing collection from Turkey for reselling.
Lyuda has said that doing this type of work is too hard for a woman, but she has always been able to overcome any challenges in her life by herself. At the same time, she is very pleased and appreciates her life. She needs a $1,500 US dollar loan to buy a new sports clothes assortment for her business.
About “Nor Horizon”
“Nor Horizon” UCO LLC is committed to promoting poverty alleviation in Armenia by providing high-quality financial and other business development services to enterprising individuals in under-served rural and urban markets who have a strong will to establish and develop their own small-scale businesses. Originally created as the Armenian micro credit program of Oxfam (Great Britain) in late 1995, “Nor Horizon” LLC has been licensed under supervision of the Central Bank of Armenia since early 2006.
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