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41-year-old Hayk lives in Ddmashen village, in the area of Sevan. He is married and has three children. His wife stays at home and doesn’t work and his children attend school. Hayk graduated from an industrially-technological secondary school and by profession, he is a flour production technologist. After graduation, he worked at Ddmashen village Sovkhoz as supplies manager. After that, he worked at different construction companies.

Since 2001, Hayk’s main line of business is farming. Thanks to his wife’s help, he breeds cows, sheep and chickens, and grows potatoes and garlic. Hayk sells his agricultural products at market or sells them to his neighbors.

Hayk has received a loan from Nor Horizon three times and he has never delayed his repayments. Now he is asking for a 1,000,000 AMD loan to buy fodder for his farm animals and a motorized cultivator, which helps him to increase land cultivation efficiency.

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
  • 125
    View loans »
    Armenia Loans Fundraising
  • $14,377,525
    Funds lent in using Kiva
  • 368.3
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,725 helped Hayk to buy fodder for his farm animals and a motorized cultivator.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jul 11, 2011
Jul 15, 2011
Currency Exchange Loss:
Aug 17, 2013