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Hrachik G. is 26 years old. He lives in Tsovagyugh village, an area of Sevan, with his wife and his father.

Since 2005 Hrachik has been engaged in farming. On his farm he raises cows and calves, pigs and chickens. His wife and father help him in this occupation and thus they provide for their family’s needs. Hrachik purposes to develop his farm and thereto he is seeking for a 1,000,000 AMD loan to buy some more cows for his farm.

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

  • $6,400
    Average annual income
  • 112
    View loans »
    Armenia Loans Fundraising
  • $12,677,975
    Funds lent in using Kiva
  • 369.8
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,725 helped Hrachik to buy some more cows for his farm.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Mar 21, 2011
Mar 23, 2011
Currency Exchange Loss:
Apr 17, 2013