Arsen lives in the Verin Artashat village of the Ararat region. He is married and has two pretty daughters. Both of them are students already.
For many years Arsen was engaged in grape cultivation and he had a nice vineyard. Now he is employed at a gas station. Arsen’s wife is unemployed.
Arsen works hard to cover his family needs and it is especially hard for him since his youngest daughter studies at the paid division, and it is time for him to pay the full year tuition fee. Arsen is asking for this loan of 600.000 Armenian Drams in order to pay for his daughter’s tuition fee for the whole academic year.
This loan is special because:
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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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