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Lusya
Lusya is 57 years old, and she lives in Vanadzor with her husband. Six years ego Lusya transformed one of her home’s rooms into a shop, where she has been running a general store all these years. Her husband helps her in her occupation and together they solve their family’s needs.

She has separated part of her shop for selling household goods, which she intends to enlarge. For that addition, she is asking for a 1,000,000 AMD loan to buy shampoos, washing powders, soaps and other merchandise for her household goods department, and also to buy foodstuffs for her food section.

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
  • 112
    View loans »
    Armenia Loans Fundraising
  • $14,010,625
    Funds lent in using Kiva
  • 376.8
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,675 helped Lusya to buy shampoos, washing powders, soaps, and other household goods and also foodstuffs for her shop.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 27, 2011
Listed
May 29, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012