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Aykaz
Aykaz is 59 years old and lives in the Ddmashen village in the Sevan district together with his wife. Aykaz's sons live together with their families separately from the parents. Aykaz finished a Sevan professional technical college. He spent twenty years working as a mechanic in the agricultural collective and then started his own farm in 1993. Aykaz's wife helps him, and thanks to their joint efforts, they breed cows, sheep, pigs and chickens. Aykaz also owns a small plot of land, where he grows feed for his domestic animals and buys the remaining feed from his neighbors. He sells his agricultural products (milk products, beef, lamb, pork, eggs and poultry) at the Razdanskiy city market and uses resulting profits to support his family. Aykaz needs a loan in the sum of 500,000 dram for the purchase needed animal feed and to repair his lawn mower. He and his wife intend to use the obtained income to finish the construction of their house.
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Айказу 59 лет, он живет в деревне Ддмашен, Севанского района, вместе с женой. Сыновья Айказa живут со своими семьями, отдельно от родителей. Айказ окончил Севанское проф. техническое училище.
20 лет Айказ проработал в сельском совхозе механизатором, а начиная с 1993 года он занимается сельским хозяйством на собственной ферме. Жена Айказа помогает ему и, благодаря совместным усилиям, они разводят коров, овец, поросят и кур. Также Айказу принадлежит небольшой участок земли, на котором он выращивает корм для своих домашних животных, а недостаток корма закупает у своих односельчан. Полученную сельскохозяйственную продукцию (молочную продукцию, говядину, баранину, свинину, яйца и курятину) Айказ продает на Разданском городском рынке, а полученный доход использует на содержание своей семьи.
Айказу необходим кредит на сумму 500,000 драм для приобретения недостающего корма и для ремонта своей косилки. Полученный доход Айказ и его жена намереваются потратить на завершение строительства своего дома.

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
  • 169
    View loans »
    Armenia Loans Fundraising
  • $13,280,700
    Funds lent in using Kiva
  • 366.5
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,375 helped Aykaz to purchase additional animal feed and to repair a lawn mower.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 19, 2011
Listed
Aug 22, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013