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Hakob T. is 32 years old. He lives in Lchashen village in the Sevan area. Hakob is married and has two children.

Over the last 10 years, he has been running his own farm where he breeds cows, sheep and chickens. Hakob’s mother and wife help him in farming and together they work to support their family.

Hakob’s family work very hard and they hope to increase their farm in the future. To realize this goal, Hakob is seeking a loan for 1,000,000 AMD to buy some calves for his farm. This is Hakob's second 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
  • 133
    View loans »
    Armenia Loans Fundraising
  • $14,314,150
    Funds lent in using Kiva
  • 365.8
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,750 helped Hakob to buy calves for farm.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Feb 22, 2011
Feb 24, 2011
Currency Exchange Loss:
Dec 15, 2012