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Marieta H. is a widow; she lives in Vanadzor city with her two children. Her son is a student and her daughter is a teacher of psychology in one of Vanadzor's schools.

For about five years Marieta has run her own business: clothes and household goods trading. She also offers a photocopying service. With the profit from her business Marieta supports her family.

Now Marieta is asking for a 600,000 AMD loan to increase her assortment of summer clothes, to buy some glassware to resell and also to buy paper for her copier.

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
  • $14,833,500
    Funds lent in using Kiva
  • 363.3
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,675 helped Marieta to increase her range of summer clothes, to buy glassware and to buy paper for her photocopier.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Jul 15, 2010
Jul 21, 2010
Currency Exchange Loss:
Aug 15, 2011