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Nazik
Nazik G. was born in 1968 in Yerevan. She is married and has a son and a daughter. Her husband works in an ice-cream factory. At present, her son is in the army, protecting the Armenian state boarder. Her daughter is a student.

For about 10 years, Nazik has engaged in a trading business. Nazik rents a stall in a trade center in Yerevan near her house, where she resells fruit and vegetables, which she buys from Malatia food market. Nazik is a very lively person and she works very hard and thanks to that, she has a big quantity of customers, who are glad to do their shopping from Nazik's stall.

The profits from her sales allow her to take care of the needs of her family; supporting her son in the army; paying for her daughter's education. She is seeking a loan of 150,000 AMD to add her fruit and vegetable assortment.

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

  • $6,400
    Average annual income
  • 175
    View loans »
    Armenia Loans Fundraising
  • $13,224,950
    Funds lent in using Kiva
  • 364.9
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Nazik to add to her fruit and vegetable assortment.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 10, 2010
Listed
Aug 25, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010