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Arevhat
Arevhat B. lives in Ljevan city. She is married and has 3 sons. Her two sons are already married and live separately from their parents.
Arevhat works at Ljevan city’s court as a secretary and at the same time she is engaged in land cultivation and animal breeding.

Arvehat says her husband and parents-in-law (who are already retired on a pension) helps her a lot in this occupation. On her farm she has some cows, chickens and turkeys; and in her garden she grows prolific trees such as apple and pear trees, etc.

Arevhat says farming take a lot of time, but it is profitable. She wants to organize swine breeding on her farm, so she is asking for a 900.000 AMD loan, which she will spend to buy some pigs. She also wants to buy fodder for her farm animals. She plans on using the future income for barn repairs.
This is Arevhat's 3rd loan from Nor Horizon.

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
  • 164
    View loans »
    Armenia Loans Fundraising
  • $13,802,050
    Funds lent in using Kiva
  • 360.8
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Arevhat to buy some pigs and fodder for her farm animals.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 17, 2010
Listed
Dec 27, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013