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Artak V. is 30 years old. He lives in Ghashtarak village in the Ijevan area. Artak is married and has two preschool-aged daughters. Since 2008 he has been working in village administration, and at the same time he is engaged in pig breeding and land cultivation.

In the future Artak hopes to increase his number of pigs. Recently began building a new pigsty for his pigs, because the old one is tumbledown and very small. He has completed building the walls for the new pigsty, and now he needs a 300,000 AMD loan to roof it.

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
  • 126
    View loans »
    Armenia Loans Fundraising
  • $14,888,900
    Funds lent in using Kiva
  • 367.5
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Artak to roof his new pigsty.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 25, 2010
Jul 3, 2010
Currency Exchange Loss:
Jul 15, 2011