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Aleksan
Aleksan A. was born in 1949 in Ijevan. He has 3 children: two daughters and a son. All Aleksan’s children are married: his daughters live separately from their parents and his son’s family lives with Aleksan and his wife.



For about 15 years, Aleksan Antnonyan worked as a driver; now he and his wife are engaged in farming. With the profits from farming, Aleksan provides his family’s needs, such as buying necessary furniture and organizing his children’s weddings. He also helped his son to set up his own business. His son’s business consists of selling spare parts and petrol. Aleksan helps his son in business, and now they are constructing their own shop. Aleksan needs 600.000 AMD as a loan to complete the shop’s construction.

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.

To stay updated on loans from Armenia, please join the Armenia lending team at http://www.kiva.org/team/armenia.

About Armenia

  • $6,300
    Average annual income
  • 111
    View loans »
    Armenia Loans Fundraising
  • $14,010,625
    Funds lent in using Kiva
  • 378.5
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,600 helped Aleksan to complete their shop’s construction.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 9, 2010
Listed
Feb 10, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 21, 2011