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Vladimir S. was born in 1963. He lives in Yerevan with his wife, two sons, daughter-in-law, and grandchild.

From 1984 till 2003 Vladimir worked in Armenian International Airports as an operator. Vladimir's parents have lived in Kazakhstan and invited him and his family to live there, but Vladimir decided to run his own business in his motherland.

For about eight years Vladimir has engaged in shoe production and trading. He produces shoes by himself and sells them in a rented stall, which is located in one of Yerevan's trade markets. Also he buys shoes to resell from other shoemakers. His sons help him in business and thanks to their business incomes they support their family.

Vladimir is asking for a 700,000 Armenian Dram (AMD) loan to buy and to produce shoes for his business.

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
  • 135
    View loans »
    Armenia Loans Fundraising
  • $14,314,150
    Funds lent in using Kiva
  • 377.0
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,875 helped Vladimir to buy and to produce shoes for his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 15, 2011
Apr 20, 2011
Currency Exchange Loss:
Mar 15, 2012