Check out some available loans that are similar to this one!
Lavurik
Lavurik was born in 1948. She lives in the town of Sevan with her family, which consists of her husband, son and daughter. Prior to 1995, Lavurik worked in a sewing factory, and for the past sixteen years, she has worked in her own business: selling clothes at the Sevan city market. Lavurik sells clothing for both adults and children alike. Her husband helps her in the business and they go every week to buy goods for the business in Yerevan. They buy goods in wholesale markets in Yerevan. In anticipation of the school year Lavurik wants to increase the range of products she offers, and for this she needs a loan of $ 1,000,000 AMD. This loan is Lavurik's seventh, and she has never been late paying for a loan.
View original language description ↓
Лавурик родилась в 1948 году. Она живет в городе Севане вместе со своей семьей, которая состоит из ее мужа, сына и невестки.
До 1995 года Лавурик работала на швейной фабрике, а на протяжении последних 16 лет она занимается собственным бизнесом: продает одежду на Севанской городской ярмарке. Лавурик продает одежду как для взрослых, так и для детей. Ее муж помогает ей в бизнесе и еженедельно они ездят за покупкой товара для бизнеса в Ереван. Товар они покупают на оптовых рынках Еревана.
В преддверии начала учебного года Лавурик хочет увеличить ассортимент предлагаемой продукции и для этого ей необхорим кредит на сумму 1.000.000 драм. Данный кредит является для Лавурик седьмым, и она никогда не задерживала свои выплаты по кредиту.

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

  • $6,400
    Average annual income
  • 173
    View loans »
    Armenia Loans Fundraising
  • $13,228,200
    Funds lent in using Kiva
  • 365.2
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,750 helped Lavurik to add her stall's clothes assortment.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 27, 2011
Listed
Jul 27, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013