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Hamlet S. is 32 years old. He lives in Lusadzor village, Ijevan area with his wife and two children. Hamlet works as a machine-operator and he works on his farm. He has two cows and three pigs. Hamlet thinks that the most profitable farm work is pig feeding and selling. Hamlet’s works is very hard, and at the same time, it is very profitable. He needs a loan of 800.000 AMD to buy fodder for his farm animals and to buy four or five pigs to fatten and sell. With the future income, he intends to build a big cowshed and pigsty for his farm animals.

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.

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About Armenia

  • $6,300
    Average annual income
  • 135
    View loans »
    Armenia Loans Fundraising
  • $14,314,150
    Funds lent in using Kiva
  • 382.5
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,100 helped Hamlet to buy fodder and four or five pigs.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Dec 16, 2009
Dec 17, 2009
Currency Exchange Loss:
Oct 15, 2011