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Samvel was born in 1962 in the city of Kapan. He now lives in the village of Shikahogh. He is married and has two sons. His elder son is twenty years old. He is in his third year at the Gorissky Pedagogical University. The younger son is seventeen, and he studies at the village school. Samvel’s wife is a teacher at the village school.

Samvel works as a watchman at the Shikahogh Nature Reserve. He also raises cattle and grows fruits and vegetables. He sells his produce (milk, beef, vegetables, and fruit) at the city market in Kapan. Thanks to the income he gets from his home farm, Samvel supports his family and pays for his older son’s education.

Samvel needs a loan for 250,000 Armenian drams for the harvest (for diesel fuel and farming instruments) and to prepare hay for the winter.
View original language description ↓
Самвел родился в 1962 г. в городе Капане, в данный момент проживает в селе Шикаох (Shikahogh). Он женат и имеет двух сыновей: старшему 20 лет, он учится в Горисском педагогическом университете на третем курсе, младшему 17 лет и он учится в сельской школе. Жена Самвела работает учительницей в сельской школе.
Самвел работает в Шикаохском заповеднике сторожем и параллельно занимается разведением крупного рогатого скота и выращиванием овощей и фруктов. Полученную сельскохозяйственную продукцию (молоко, говядина, овощи и фрукты) он продает на Капанском городском рынке. Благодаря выручке, полученный от селькохозяйственной деятельности, Самвел содержит свою семью и платит за обучение старшего сына.
Сумма кредита в 250.000 армянских драм необходима Самвелу для организации сбора урожая (дизельное топливо и другие сельхоз.средства) и для заготовку сена на зиму.

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.

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About Armenia

  • $6,300
    Average annual income
  • 127
    View loans »
    Armenia Loans Fundraising
  • $14,836,500
    Funds lent in using Kiva
  • 375.0
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Samvel to pay for the harvest and to prepare hay for the winter.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Jun 16, 2011
Jun 18, 2011
Currency Exchange Loss:
Sep 15, 2012