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Sargis
Sargis is forty-one years old, and he was born and raised in the village of Shikahogh. After graduating from a local school, he entered Kapan College as a student. Shikahogh is a border town and, during the Nagorno-Karaback conflict, Sargis was an active member of his village's defense. He lives alone and receives a military pension.

In 2010, Sargis began the sale of groceries. He buys them in the city of Kapan and works without holidays. Additionally, he works morning's and evening's on his farm. Sargis breeds livestock, chickens and grows vegetables. His small plot of land is used as pasture for his cows. Buyers from Kapan's market purchase beef, milk, eggs and vegetables from him for resale on the market.

Sargis plans to buy a caterpillar tractor and find work during the plowing season. He's asking for a loan of 1,000,000 drams.
View original language description ↓
Саргису 41 год, он родился и вырос деревне Шакаох (Shikahogh). После окончания Шикаохской сельской школы, Саргис поступил в Капанский автодорожный техникум.
Деревня, в которой проживает Саргис, является пограничным населенным пунктом, и в период Нагорно-Карабахского конфликта Саргис принимал участие в обороне своей деревни. Он живет один и получает военную пенсию.
С 2010 г. Саргис занимается продажей продовольственных товаров. Товары он закупает в городе Капане еженедельно и работает без выходных.
Одновременно с частной предпринимательской деятельностью, Саргис занимается сельским хозяйством. На своей ферме он разводит крупный рогатый скот, кур, выращивает овощи. А небольшой участок собственной земли он использует как пастбище для своих коров. Скупщики с Капанского городского рынка покупают у Саргиса говядину, молоко, яйца и овощи и продают их на рынке. Сельским хозяйством Саргис занимается в утренние и вечерние часы.
Саргис намеревается приобрести гусеничный трактор и работать на нем по найму в период пахоты. Для этого ему необходим кредит на сумму 1.000.000 драм.

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
  • 114
    View loans »
    Armenia Loans Fundraising
  • $14,010,625
    Funds lent in using Kiva
  • 371.9
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,700 helped Sargis to buy a caterpillar tractor.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 8, 2011
Listed
Sep 9, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2013