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Armine is 27 years old. She was born in the town of Kapan where she graduated from high school, and then she graduated from Yerevan University of Acharyan where she majored in applied mathematics and computer science. Armine is married and has two daughters, a seven-year-old and a three-year-old. Armine's husband works at the Kapan poultry farm as an accountant. Armine has worked buying and selling clothes since 2006. She rents a shop in which she sells women's, men's and children's clothes, underwear and shoes. Once a month, Armine purchases goods from Yerevan for her business. Armine works seven days a week and helps her husband support the family.

Armine needs a loan of 500,000 drams to buy seasonal clothes and shoes.
View original language description ↓
Армине 27 лет, она родилась в городе Капан, где окончила среднюю школу, а затем Ереванский Университет им. Ачаряна, по специальности прикладная математика и информатика. Армине замужем и имеет двух дочерей: старшей 7 лет, а младшей 3 года. Муж Армине работает на Капанской птицефабрике бухгалтером. Сама Армине занимается куплей-продажей одежды начиная с 2006г. Она арендует помещение, где продает женскую, мужскую и детскую одежду, белье и обувь. Раз в месяц Армине приобретает товары из Еревана для своего бизнеса. Армине работает без выходных и помогает мужу содержать семью.
Армине требуется кредит на сумму 500.000 драм для покупки сезонной одежды и обуви.

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
  • 111
    View loans »
    Armenia Loans Fundraising
  • $14,010,625
    Funds lent in using Kiva
  • 366.5
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,375 helped Armine to buy seasonal clothes for her business.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Aug 5, 2011
Aug 6, 2011
Currency Exchange Loss:
Apr 15, 2012