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Alina G. lives in Vanadzor with her son, daughter-in-law and two grandchildren; Alina’s husband lives in Russia. For about 10 years Alina has been selling shoes from a rented place at the Vanadzor trade fair. Her son helps her in this business, while her daughter-in-law takes care of the children. With the profits from her business, Alina and her son maintain their family. Alina now is requesting a loan of 350.000 AMD to buy spring shoes to sell.

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
  • 134
    View loans »
    Armenia Loans Fundraising
  • $14,328,850
    Funds lent in using Kiva
  • 384.1
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Alina to buy spring shoes to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Feb 15, 2010
Mar 2, 2010
Currency Exchange Loss:
Feb 20, 2011