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Albert M. is 61 years old. He lives with his wife and son in their own house in Tsakhkunk village, Sevan area. Albert has been a driver for about 20 years and also, together with his family he is engaged in stock-breeding. They have 3 cows, 30 sheep and 4 calves in their farm.

Albert uses the profit from stock-breeding activities for his family's needs. His business is located on his private land. Now Albert M. needs 1,100,000 AMD as a loan to buy some more cows.

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
  • 123
    View loans »
    Armenia Loans Fundraising
  • $14,377,525
    Funds lent in using Kiva
  • 377.8
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,925 helped Albert to buy some cows.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Jan 20, 2010
Jan 26, 2010
Currency Exchange Loss:
Aug 16, 2012