Marat has his private business. He has a car, in which he transports people to different territories of Armenia. Marat also has a stall where he provides document copying services. Several years ago, Marat had a different car, but it was worn out and inconvenient. With much hard working and purposefulness, Marat managed to buy a new car, modern and comfortable both for driving and for his passengers, as well.
Marat asks a loan of 800,000 Armenian drams. He will use the loan to buy wheels for his car, and a new copying machine. He is sure that Kiva lenders will help him to enlarge his businesses.
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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