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Nver
Nver S. is 41 years old and lives in Sevan. He has a wife and two sons. Nver’s sons are both students.
Nver was a policeman for about 17 years, but opened a butcher’s shop nine years ago. Along with running his butcher shop, Nver is a farmer and breeds animals.On his farm he breeds cows, sheep, pigs, and chickens, and also grows potatoes. Nver’s wife is a great help on the farm.
With the income from his various endeavors, Nver supports his family, pays for his sons' education and repaired part of his home.
This is Nver’s second loan from Kiva. He is asking for a loan of 1.000.000 AMD to buy potato seedlings for his farm.
He plans to use the additional income to finish repairing his home.

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.

To stay updated on loans from Armenia, please join the Armenia lending team at http://www.kiva.org/team/armenia.

About Armenia

  • $6,400
    Average annual income
  • 189
    View loans »
    Armenia Loans Fundraising
  • $13,239,150
    Funds lent in using Kiva
  • 368.7
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,725 helped Nver to buy potato seedlings for his farm.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2011
Listed
Mar 26, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012