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Levon
Levon was born in 1956 in Ijevan city. He is married and has three children: two sons and a daughter. Levon's children are married. One son and daughter live separately from their parents and another son and his family live with Levon.

Levon worked as a mechanic for a long time, but since 1994, he has been engaged in bee keeping. Now Levon has 10 beehives and he intends to add to his beehives, which will help him to increase his family's income in the future. Levon sells derived honey to his regular customers.

Recently Levon has laid out a garden where he grows nuts and fruits. He says when his trees grow enough he will be able to sell nuts and fruits and to gain additional means for his family.

Levon is seeking a 1,000,000 AMD loan to buy 10 beehives and to fence his garden.

This is Levon's fifth loan from Nor Horizon and he has never delayed his repayments.

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
  • 100
    View loans »
    Armenia Loans Fundraising
  • $12,668,425
    Funds lent in using Kiva
  • 367.2
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,725 helped Levon to buy 10 beehives and to fence his garden.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 23, 2011
Listed
Aug 29, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014