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Sosik
Sosik was born in 1961 in the town of Kapan, where he completed eight years of secondary schooling. After that, he went to a professional technical college and obtained a specialty of a painter. Sosik is married, and two of his children lives separately with their own families. Sosik is employed at one of the private farms and, parallel to that, is involved in an agricultural business in the Vardavank village in the Syunik district. His wife helps him with the farm work, and, thanks to their joint effort, they breed cattle, chickens, sheep and also grow vegetables and fruits. Sosik sells beef, lamb, chickens, milk, lamb woof, vegetables and fruits to his loyal customers in the town of Kapan. Distributors from the Kapan city market buy part of his agricultural products. Sosik is requesting a loan from Kiva for the second time and now needs a loan in the sum of 1 000 000 dram for the purchase of three cows.
View original language description ↓
Сосик родился в 1961 г. в городе Капане, где окончил восемь классов средней школы. После чего он поступил в профтехучилище, где получил специальность маляра.
Сосик женат, двое его сыновей и дочь живут отдельно со своими семьями.
Сосик работает по на найму на одной из частных ферм и, параллельно, занимается сельскохозяйственной деятельностью в деревне Вардаванк Сьюникского района.
Жена помогает ему на их ферме и благодаря совместным усилиям они разводят крупный рогатый скот, кур, овец, а также выращивают овощи и фрукты.
Сосик реализует говядину, баранину, курятину, молоко, яйца, овечью шерсть, овощи и фрукты своим постоянным клиентам в городе Капане. Часть полученной сельскохозяйственной продукции приобретают скупщики с Капанского городского рынка.
Сосик получает кредит от Kiva во второй раз и сейчас ему необходим кредит на сумму 1.000.000 драм для покупки трех коров.

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
  • 373.9
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,675 helped Sosik to purchase three cows.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 22, 2011
Listed
Sep 23, 2011
Currency Exchange Loss:
Possible
Ended:
May 17, 2013