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Felison T. was born in 1954. He lives in Yerevan with his wife, his son and his daughter. Felison's children are adults, but they aren’t married and they live with their parents.

Felison graduated Yerevan State Engineering Collage and long ago he was working as an engineer. But over the last seven years, Felison has been engaged in a shoe-trading business.

Felison imports shoes from Turkey and resells them in a rented stall in the Hayrenik market in Yerevan. Felison’s wife helps him in the business and so they support their family.

Felison asks Kiva lenders for a loan of 2,400 US dollars to buy new spring/summer season shoes from Turkey for his business.

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
  • 126
    View loans »
    Armenia Loans Fundraising
  • $14,833,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,400 helped Felison to buy new spring/summer season shoes for his business.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Feb 18, 2011
Feb 19, 2011
Currency Exchange Loss:
Sep 15, 2012