Hovakim is 50 years old. He lives with his wife and two sons in Sevan city of Gegharkunik region.
Hovakim is employed. He works at a private company. His wife also works and she has her own small clothes trading business.
Both of their sons are doing construction work by order along their region.
Hovakim is asking for a loan of 950,000 Armenian drams since his elder son has very serious health problems and he must have surgery. So this loan is the only way for the family to cover the surgery expenses.
This loan is special because:
More about this loan
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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