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Nairi
Nairi N. was born in 1960 in Ijevan city. He is married and has four children: three daughters and a son, who is serving in the Armenian army now. Nairi’s two daughters are married and live separately, and the youngest is a student. Nairi lives in Achajur village within the area of Ijevan.


Nairi and his wife have farmed and raised animals for a long time. They have a fruit orchard and grow grapes, wheat and oats (which they use as a fodder for their farm animals) as well. Nairi and his wife raise pigs and cows and are also beekeepers.


With income from his farm Nairi was able to pay for his children’s education, organized his daughter’s wedding and bought necessary furniture for his home. Now with his income from farming, Nairi supports his son in the army and pays for his younger daughter’s education.


This is Nairi’s fourth loan from Nor Horizon. He is now asking for a loan of 1,000,000 AMD to buy a bull calf and some beehives 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

  • $6,300
    Average annual income
  • 157
    View loans »
    Armenia Loans Fundraising
  • $13,802,050
    Funds lent in using Kiva
  • 369.1
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,725 helped Nairi to buy a bull calf and some beehives.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 31, 2011
Listed
Mar 31, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2012