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Gegham
Gegham is 38 years old, and he lives in Shikahogh village, Syunik marz, with his wife and his three children. Gegham works in village administration; his wife works at a village school as a teacher; his daughters are pupils; and his son attends kindergarten.

Simultaneously to his work in village administration, Gegham and his wife have engaged in land cultivation and animal breeding. They grow wheat and sell part of their harvest in Kapan city market, and another part they use on their farm. Also, they breed cows, pigs, turkeys and chickens, and they sell dairy produce and meat at the Kapan market to their regular customers.

Gegham is seeking a 1,000,000 Armenian dram loan to buy a truck, which he will use for his farming needs. Gegham received loans from Nor Horizon four times, and he has never delayed his repayments.

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
  • 91
    View loans »
    Armenia Loans Fundraising
  • $12,398,500
    Funds lent in using Kiva
  • 376.7
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,675 helped Gegham to buy a truck, which he will use for his farming’s needs.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 8, 2011
Listed
Jun 12, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013