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Knarik
Knarik J. lives in Tsovagyugh village, Gegharkunik Marz, with her parents and brother, who is a student at Yerevan.

Knarik works at the village school as a German teacher. At the same time, she is also engaged in farming to earn additional income. On her farm she has cows, calves and chickens, which she raises with help from family members. They also grow oats. Thanks to this farming income, Knarik’s family can meet their needs and pay for Knarik’s brother's education.

Knarik is seeking a loan for 1,000,000 AMD to increase her farming livestock and to buy oat seedlings.

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
  • 113
    View loans »
    Armenia Loans Fundraising
  • $14,056,400
    Funds lent in using Kiva
  • 372.4
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,700 helped Knarik to buy more livestock and oat seedlings.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 10, 2011
Listed
May 12, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013