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Pargev
Pargev K. lives in Sevan city with his parents, his wife and their one-year-old child. Pargev is 27 years old.

Since 2008, Pargev has been working in a gas-filling station as a working shift manager. And, since 2009, he has run a food shop and fast-food stand in the same gas-filling station. Also he does home delivery of fast food.

Pargev has taken a loan from Nor Horizon four times and now he is asking for a 1,000,000 AMD loan that he will use to buy a small trailer. He intends to carry his fast-food stand in that trailer.

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.

To stay updated on loans from Armenia, please join the Armenia lending team at http://www.kiva.org/team/armenia.

About Armenia

  • $6,400
    Average annual income
  • 130
    View loans »
    Armenia Loans Fundraising
  • $13,556,275
    Funds lent in using Kiva
  • 368.2
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,725 helped Pargev to buy a small trailer for his business.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 29, 2010
Listed
Jul 6, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011