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Shavarsh H. was born in 1962. He lives in Sarighugh village in the Ijevan area with his wife and son. Shavarsh also has two daughters who are already married and live separately from their parents. For several years Shavarsh worked as a motor mechanic, and now he works as a water resources inventory inspector at Sarighugh village municipality. At the same time he engages in stock-breeding and land cultivation and also pear cultivation. Shavarsh's wife and son help with the farming. Shavarsh asks for a 300,000 AMD loan to repair his barn’s roof.

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.

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About Armenia

  • $6,300
    Average annual income
  • 135
    View loans »
    Armenia Loans Fundraising
  • $14,910,275
    Funds lent in using Kiva
  • 402.5
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Shavarsh to repair his barn roof.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Apr 2, 2010
Apr 7, 2010
Currency Exchange Loss:
Nov 15, 2011