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Aramayis was born in 1960 in the village of Verin Khotanan. He has a technical degree. He served in the army for 19 years and now receives a military pension. His wife works in a store; his daughter is married and lives separately; the oldest son works as a driver, and the younger is a student at the Erevan University for Architecture and Construction. Aramayis’ mother, who is severely ill, also lives with him.

Since 1996, Aramayis has been working as a farmer in the village of Vernin Khotanan. At his farm he grows vegetables raises cattle and poultry and also keeps bees. Aramayis sells vegetables, beef, milk, eggs and honey from his farm at the market of the town of Kapan, to his loyal customers. This is how he supports his family. Aramayis has to work at his farm and take care of his ailing mother on his own as the other family members are either employed elsewhere or study. Aramayis needs a loan of 500,000 AMD in order to buy an additional cow as well as hay.
View original language description ↓
Арамаис родился в 1960 г. в селе Верин Хотанан (Verin Khotanan), имеет техническое образование. Девятнадцать лет он прослужил в армии и теперь получает служебную пенсию. Жена Арамаис работает в магазине, дочь замужем и живет отдельно от родителей, старший сын работает водителем, а младший учится в Ереванском Архитектурно-строительном университете. Также, вместе с Арамаисом, проживает его мать, которая тяжело больна.
Сельским хозяйством в селе Верин Хотанан Арамаис занимается с 1996г. На своей ферме он выращивает овощи, разводит крупный рогатый скот, кур, а также занимается пчеловодством. Арамаис продает на Капанском городском рынке овощи, говядину, молоко, яйца и мед со своей фермы своим постоянным покупателям, и таким образом содержит свою семью. Арамаису приходится работать на ферме и ухаживать за своей больной матерью самостоятельно, так как остальные члены семьи либо работают по найму либо учатся.
Арамаису необходим кредит на сумму 500,000 драм, для приобретения еще одной коровы, а также сена.

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
  • 152
    View loans »
    Armenia Loans Fundraising
  • $14,910,275
    Funds lent in using Kiva
  • 368.4
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,375 helped Aramayis to buy one more cow and fodder for his farm animals.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Sep 5, 2011
Sep 6, 2011
Currency Exchange Loss:
Mar 15, 2013