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Ararat D. was born in 1974 in Gandzakar villagelocated in the area of Ijevan. Ararat and his father are engaging in animal breeding and land cultivation. In their farm they rear cows and calves, and raise barley, which they use as a fodder for their farm animals He sells dairy products from their farm at the Ijevan market to support his family.

Ararat says that on their farm they get a lot of leftover byproduct from the whey they produce, so he decided to buy some pigs which will eat this whey. He asks for a 1,000,000 AMD loan to buy some pigs and to buy some fodder, because he didn't sow barley last year.

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
  • 127
    View loans »
    Armenia Loans Fundraising
  • $14,350,650
    Funds lent in using Kiva
  • 364.7
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,750 helped Ararat to buy some pigs and fodder.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Feb 7, 2011
Feb 9, 2011
Currency Exchange Loss:
Mar 15, 2013