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Karen H. is 28 years old. He is married and has a son. Karen lives in Gandzakar village, Ijevan area and works at the State Labor Agency as a specialist. He is also engaged in animal husbandry. Also, Karen and his brother run a woodworking shop. Thanks to income from these occupations Karen supports his young family.

Now Karen is asking for a 1,000,000 AMD loan to buy five pigs and fodder for his farm's cows, calves and pigs.

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
  • 100
    View loans »
    Armenia Loans Fundraising
  • $14,006,425
    Funds lent in using Kiva
  • 365.9
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,750 helped Karen to buy five pigs and fodder for his farm's cows, calves and pigs.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jul 9, 2010
Jul 13, 2010
Currency Exchange Loss:
Aug 16, 2012