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Grigor D. was born in 1960 in Ijevan city, where he now lives. He is married and has 3 children: two sons and a daughter. Grigor’s daughter is a student, while Grigor, his wife and their sons are engaging in a fruits and vegetable business, which they have run since 1993.

During these years, thanks to his business income, Grigor was able to buy a van which he uses for fruits and vegetables delivery from various villages to the Ijevan market where he carries out his business. He uses his car as a stall from which he sells his merchandise.

With his business incomes Grigor is able to meet his family needs and pay for his daughter’s education.

Grigor is seeking an 800.000 AMD loan to increase his trading assortment: he intends to buy citruses which are in popular demand before New Year along with other fruits and vegetable.

Grigor has received loans from Nor Horizon 3 times and he has never missed a loan repayment.

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
  • 133
    View loans »
    Armenia Loans Fundraising
  • $14,314,150
    Funds lent in using Kiva
  • 360.8
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,225 helped Grigor to buy citrus and other fruits and vegetables to resell.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Dec 17, 2010
Dec 27, 2010
Currency Exchange Loss:
Feb 15, 2012