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Mamikon
Mamikon was born in 1967 in the village of Gandzakar, Tavush Region. Mamikon is married and has two school-age children, a son and a daughter. Since 1993, Mamikon and his wife have been engaged in farming. On their farm they breed cows and pigs, and grow fruits and vegetables. Mamikon apportions his farm produce for his family's use and also sells some of it to fellow villagers. Mamikon produces high-quality dairy products that are always in great demand from his neighbors. Agricultural activity permits Mamikon to provide for his family.

Now he is seeking a 1,000,000-Armenian-dram (AMD) loan to buy two cows and a large lot of fodder for his cows and pigs. This is Mamikon’s second loan from Nor Horizon.

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
  • 105
    View loans »
    Armenia Loans Fundraising
  • $13,536,025
    Funds lent in using Kiva
  • 374.8
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,675 helped Mamikon to buy two cows and a large lot of fodder for his cows and pigs.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 19, 2011
Listed
Sep 23, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013