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Norik
Norik A. is 53 years old and lives in Tsovagyugh village, in the Sevan area, with his wife. Norik’s children are already adults and they live separately from their parents.

For about 10 years Norik worked as a bricklayer. Now Norik and his wife run their own farm, where they breed cows, sheep, pigs and chickens. Thanks to the farm income, Norik and his wife support themselves and their farm. For his farm development, Norik asks for a 1,000,000 Armenian drams to buy two cows and some sheep.

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
  • 164
    View loans »
    Armenia Loans Fundraising
  • $13,802,050
    Funds lent in using Kiva
  • 369.8
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,725 helped Norik to buy two cows and some sheep.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2011
Listed
Mar 23, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012