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Armine
Armine G. was born in 1965 and she lives in Jean city. She is married and lives with her husband, her son, daughter-in-law, and her newborn grandchild.

Armine has been engaged in trading business for a long time and in 2002, she organized her own food trading business. Armine’s son and her husband help her to manage this shop. Armine’s food shop is located in the City Market Centre and her shop is open twenty-four hours a day.

With the profits from her business, Armine provides her family's needs, makes major repairs of her apartment, and organized her son’s wedding.

Armine needs a 1.000.000 AMD loan to increase the goods assortment of her shop: sausages, canned goods, sugar, butter and some household goods.

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
  • 157
    View loans »
    Armenia Loans Fundraising
  • $13,753,150
    Funds lent in using Kiva
  • 381.3
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,625 helped Armine to increase the goods assortment of her shop.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 25, 2010
Listed
Mar 5, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 16, 2011