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Laura G. was born in 1959 in Koti village, Ijevan area. She is a widow and has four daughters. Two of them are married and live separately from Laura. Laura was a cigarette maker in the state farm for about 18 years. Since 1990, she is engaged in cattle breeding and land cultivation. Thanks to her income Laura provides for her family needs, organized her two daughters’ weddings and paid for their educations.

Laura needs a loan of 500,000 AMD to buy pigs and fodder for her farm animals. She plans to spend her increased income on her younger daughters’ educations and to provide a dowry for them.

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
  • 100
    View loans »
    Armenia Loans Fundraising
  • $14,006,425
    Funds lent in using Kiva
  • 387.3
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,300 helped Laura to buy pigs and fodder.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Nov 23, 2009
Nov 24, 2009
Currency Exchange Loss:
Oct 15, 2011