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Samvel G. is 48 years old and he lives in Tsovagyugh village, Sevan area, with his wife and a son.

For about five years Samvel worked in soft drink production; for the last seventeen years he has been engaged in cattle breeding. With the profits from his stock farming, he provides for his family needs and increases the number of his cows. His wife and his son help him in his business.

Samvel needs a 1,100,000 AMD loan to buy fodder for his farm animals.

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
  • 133
    View loans »
    Armenia Loans Fundraising
  • $14,333,525
    Funds lent in using Kiva
  • 384.5
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,875 helped Samvel to buy fodder for his farm animals.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Mar 5, 2010
Mar 10, 2010
Currency Exchange Loss:
Mar 15, 2011