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Yurik
Yurik was born in 1954 and lives in Berkaber village, Tavush marz, or province. Yurik is married and has two sons: one of his sons now is living in Russia, and second one lives with Yurik.

Yurik works in village administration and at the same time he, his wife and his son engage in animal breeding and gardening. They breed cows, turkeys and chickens. In their garden, they grow fig and persimmon trees. Thanks to their joint efforts, they are able to manage their farm and to support their family.

Yurik intends to improve his farm, so he wants to start swine breeding on his farm. Therefore, he is asking for a 1.000.000 AMD loan to buy some pigs and fodder for them. This is Yurik’s fifth loan from Nor Horizon.

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
  • 111
    View loans »
    Armenia Loans Fundraising
  • $12,677,975
    Funds lent in using Kiva
  • 373.5
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,700 helped Yurik to buy some pigs and fodder for them.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 24, 2011
Listed
Jun 28, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014