Gohar is divorced, and she just works night and day to provide for her two children. Her daughter is 20 years old, and she gives hairdressing services at their house, and her son is still in school.
Gohar has a little farm, where she breeds 5 cows, 2 calves and a bull. She sells a great amount of milk and macun (Armenian national dairy product). Her farm brings rather good income, which solves the major part of their financial problems, so Gohar has serious intentions to develop it.
She needs this loan in the amount of 500,000 Armenian drams in order to buy hay and fodder for her farm cattle.
More information about this loan
This loan is designed for borrowers in rural areas with a special focus on the agribusiness sector in Armenia.
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