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Edik
Edik G. was born in 1966. He lives in Ijevan city. Edik is married and has three children. His elder daughter is married and lives separately. His younger daughter and his son go to school. Edik’s wife is at home.
Since 1990, Edik has engaged in auto servicing. Now he is renting a workshop where he repairs cars, but he also has his own dilapidated workshop. He is asking for a 600.000 AMD loan to reconstruct this workshop. This will allow him to run his business at his own workshop and thus cut down his business expenses.
This is Edik’s third 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
  • 125
    View loans »
    Armenia Loans Fundraising
  • $14,072,150
    Funds lent in using Kiva
  • 365.8
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,650 helped Edik to reconstruct his dilapidated workshop.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 10, 2011
Listed
Mar 11, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013