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Artak G. is 24 years old and lives in Paravaqar village, Lievan area. Artak is married and lives with his wife, parents and little daughter. Artak is a military man and since 2006 he has been working in the Armenian army. At the same time Artak and his family are engaged in stock breeding and farming. Thanks to profits from their agricultural business, Artak has been able to meet his family needs, buy a car and repair his house.

Besides stock breeding Artak has decided to start a pig-breeding business, so he is asking from Kiva lenders, a 500.000 AMD loan to buy young pigs to realize his business idea.

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
  • 367.3
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,375 helped Artak to buy young pigs to raise and breed.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Aug 6, 2010
Aug 20, 2010
Currency Exchange Loss:
Mar 15, 2012