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Karine
Karine A. was born in 1959. She lives in Ijevan city with her son, daughter-in-law and her two grandchildren. Karine works in a military unit as a cook and simultaneously, she is engaged in pig breeding and beekeeping; her son helps her a lot in these businesses. Karine says that beekeeping is very laborious, and at the same time it’s a very interesting business.

Karine asks for a 450,000 AMD loan to buy 4 or 5 pigs for her farm and to buy wax paper for her beehives.

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
  • 180
    View loans »
    Armenia Loans Fundraising
  • $13,004,250
    Funds lent in using Kiva
  • 379.9
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Karine to buy 4 or 5 pigs for her farm and wax paper for her beehives.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 21, 2010
Listed
Jun 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 16, 2011