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Vardan
Vardan G. was born in 1979 and lives in Aghavnavank village, in the Ljevan area. He is married and has a daughter. Vardan has a good education and is a teacher. He has worked as a teacher in the Aghavnavanq village school and is alos a secretary in the village municipality. Part time he is engaged in livestock farming with his family.

Last year Vardan had to leave his job with the village municipality because of the heavy farm work load. Now he works as a teacher and in stock-breeding. Vardan says that stock-breeding is very hard work but also a very profitably business. With his profit from farming he provides for his family’s needs.

Vardan has requested a loan of 1.000.000 AMD loan to buy a car to provide an easier life for his family.

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

  • $6,400
    Average annual income
  • 126
    View loans »
    Armenia Loans Fundraising
  • $12,898,900
    Funds lent in using Kiva
  • 381.3
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,625 helped Vardan to buy a car.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 9, 2010
Listed
Feb 18, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011