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Nikol I. is 25 years old; he lives in Vazashen village, Ijevan area with his mother. After college he served in the Armenian Army and after that he got a job as a policeman. Simultaneously with his direct work, Nikol engages in farming. In his farm he breeds pigs and rabbits. His mother helps him in this work, and so they kept their family, paid for Nikol’s education and bought necessary furniture for their house. In addition Nikol has a hobby: he breeds pigeons and parrots in his farm.

Nikol intends to increase his farming and therefore he is asking for a 350.000 AMD loan to buy two calves and fodder for his farm animals.

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
  • 153
    View loans »
    Armenia Loans Fundraising
  • $14,910,275
    Funds lent in using Kiva
  • 361.8
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Nikol to buy two calves and fodder for his farm animals.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Nov 22, 2010
Nov 23, 2010
Currency Exchange Loss:
Dec 15, 2011