Albert’s great desire to improve his family’s living conditions seemed unrealistic due to a lack of money, until he made the decision to request a loan with Kiva and its field partner, Nor Horizon. Albert asks for a loan of 300,000 Armenian drams in order to buy kitchen furniture for his house and also to make a nice surprise for his wife.
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