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Hamlet A. is 44 years old. He lives in Tsovagugh village, in the area of Sevan, with his wife and two children. Both of his children attend school. Since 1991, Hamlet has worked in animal husbandry and he breeds cows and raises calves on his farm. His wife helps him with his work and they are able to sustain their family and improve their farm as much as possible.

Hamlet is requesting a 500,000 AMD loan to buy three calves for his farm. This will increase his income in the future.

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
  • 99
    View loans »
    Armenia Loans Fundraising
  • $12,655,100
    Funds lent in using Kiva
  • 376.0
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,350 helped Hamlet to buy calves.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 12, 2011
Apr 13, 2011
Currency Exchange Loss:
Sep 17, 2011