Elena is a very nice and cheerful lady who perfectly manages farming and agriculture with her family. She is a Jack of all trades. The number of cattle on her farm is very large, but she is never tired. She has cows, calves, bulls, piglets, sheep, lambs, goats, kids, and chickens, which give her a great range of farm products to sell: milk, cheese, sour cream, macun (Armenian national dairy product), meat, wool, and eggs. She also has a large vegetable and fruit garden (cucumbers, tomatoes, greens, beans, onions, apples, peaches, plums, grapes, etc.).
With such a large number of cattle, Elena has a serious problem feeding them during the winter. She has decided to buy a large shipment of animal fodder, and she asks for a loan of 1.000.000 Armenian drams for that.
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.
To stay updated on loans from Armenia, please join the Armenia lending team at http://www.kiva.org/team/armenia.
138View loans »
Success!! The loan was 100% repaid