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Levon
Levon K. was born in 1957 in Ijevan city. He is married and has three children: two daughters and a son. His son is school-aged, one daughter is a student, and his elder daughter graduated from the institute last year but is still jobless. For 12 years Levon worked as a warehouse manager at Ijevan's building administration. After that he moved from Armenia to Russia, but in 2000 he returned to his native land and organized his own food trading business. During these years, with income from his business, Levon was able to keep his family, pay for his daughters’ education and also to increase the size of his shop. Levon seeks a 1.000.000 AMD loan to buy sausages, chicken meat, juice, etc. for his shop. He intends to spend future income on his shop's extension and repair.

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
  • 94
    View loans »
    Armenia Loans Fundraising
  • $12,382,750
    Funds lent in using Kiva
  • 405.0
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,475 helped Levon to buy sausages, chicken meat, juice, etc. for his shop.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 16, 2010
Listed
May 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012