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Pavel
Pavel A. was born in 1960. He lives in Achajur village in Ijevan. Pavel is married and has a son and daughter. His daughter is married and lives separately.

Pavel and his wife work as teachers. With the help of their son they also raise cows, keep bees and grow maize, wheat and grapes.

With the income from farming Pavel meets most of his family’s needs. It helped pay for his children’s education and his daughter’s wedding as well as repairs on and furniture for his house.

Pavel is asking for an 800,000 Armenian Drams (AMD) loan to buy some calves and beehives, and also maize seed to sow on his plot of land.

He intends to use his future income to buy pigs, sow wheat and cultivate more vines.

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

  • $6,300
    Average annual income
  • 131
    View loans »
    Armenia Loans Fundraising
  • $14,056,400
    Funds lent in using Kiva
  • 376.0
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,150 helped Pavel to buy calves, beehives and maize seed.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 13, 2011
Listed
Apr 14, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2013