They have a large plot of private land and a lot of sweat and colorful apple trees. They gather the harvest and sell it in Vedi, and they also bring it to the Yerevan wholesale market and sell it to re-sellers.
Surik requests a loan of 400,000 Armenian drams to organize autumn cultivating work around their fruit garden and buy fertilizer for the land. Surik thanks Kiva lenders beforehand and hopes for future cooperation.
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