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Vahe
Vahe is 34 years old and was born in Yerevan. He graduated from the State Engineering University of Armenia, Machine Building Economy Department. After graduation he worked in a hothouse as an economist. Vahe is married and has a little daughter. Vahe’s wife is a manager in a travel agency.

Eight years ago Vahe began his own business, which consists of producing adornment with precious metals. He rents a place in a jewelry trade market and works very hard to support his young family.

Thanks to his first Kiva loan, Vahe was able to buy ring and earring templates, which have been helping him until now in his business. Now Vahe has many orders, and to fulfill those orders he needs a loan of $3,000 to buy gold and other necessary materials for his business.

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
  • 177
    View loans »
    Armenia Loans Fundraising
  • $13,193,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Vahe to buy gold and other necessary materials for his business.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 3, 2011
Listed
Aug 7, 2011
Currency Exchange Loss:
N/A
Ended:
Mar 17, 2014