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Meri P. is 26 years old. She lives in Ijevan with her husband and a son. Since 2008 Meri has rented a shop where she conducts a food trade. Meri’s husband helps her in this business. From her income Meri bought furniture and other necessities for her house.

Meri needs 900,000 AMD to buy a big lot of cereals and cognac for her shop. From her future income, Meri hopes to increase her business and keep a second shop. Meri is a first cycle borrower in “Nor Horizon.”

Additional Information

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.

For more information about “Nor Horizon,” please visit the partner page or website.

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About Armenia

  • $6,300
    Average annual income
  • 104
    View loans »
    Armenia Loans Fundraising
  • $14,006,425
    Funds lent in using Kiva
  • 384.7
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,350 helped Meri to buy a big lot of cereals and cognac for trade.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Oct 26, 2009
Oct 28, 2009
Currency Exchange Loss:
Feb 15, 2011