As Lusine confessed, without trading clothes, she couldn't sustain her family. From time to time, her husband helps Lusine from Russia to meet his family's needs in Armenia. Lusine has been engaged in clothes trading for about three years and now she has a lot of clients in Vanadzor. Her clients are her neighbors, colleagues and patients from the Lori region.
Lusine has a big order from her clients and she needs a loan to buy women and children's clothes from Yerevan in order to resell them in Vanadzor. From this deal, she hopes to receive a good profit and to cooperate with Kiva again in the future.
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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Success!! The loan was 100% repaid