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Maksim M. is 60 years old. His children are married and live separately from their parents, who live in Tsakhkunk village, Sevan area. For about 25 years Maksim worked as a driver in different organizations.

For 17 years now, Maksim has been engaging in farming: on his farm he has cows and calves, sheep and lambs, and a plot of land. With income from his farming, he supports his family and develops his farm. Maksim’s wife helps him a lot with this hard work.

Now Maksim is asking for a 1,000,000 AMD loan to buy potato seedlings and fertilizer for his farm. (This spring, the weather in Sevan region was very rainy, so villagers are forced to plant the seeds in the summer months.)

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
  • 166
    View loans »
    Armenia Loans Fundraising
  • $14,954,275
    Funds lent in using Kiva
  • 368.1
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,725 helped Maksim to buy potato seedlings and fertilizer for his farm.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Jun 28, 2010
Jul 6, 2010
Currency Exchange Loss:
Aug 16, 2012