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Margo was born in 1956. She lives in the Achajur village together with her family. Margo is married and has two children. Her daughter is married and lives separately from the parents, and her son and husband periodically travel for seasonal work to Russia. Margo has been working as an accountant at the village school for 36 years and has been involved in agriculture parallel to her work. Previously, her husband used to help her with the business, and they bred cattle, but because her husband often leaves now, she started to breed only chickens. Being involved in breeding chickens, Margo is able to help her husband and son to support the family as much as possible. In order to increase her family's income, Margo decided to buy a cow and also stock some fodder for it for the winter. Margo needs a loan in the sum of 600,000 dram for this purpose.
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Марго родилась в 1956 году. Она проживает в деревне Ачаджур (Achajur) со свей семье. Марго замужем и у нее двое детей. Дочь замужем и живет отдельно от родителей, а сын вместе с отцом периодически выезжают на сезонную работу в Россию.
На протяжении 36 лет Марго работает бухгалтером в сельской школе и параллельно занимается сельским хозяйством. Раньше ей помогал муж и они разводили крупный рогатый скот, но так как в последнее муж часто уезжал, она стала разводить только кур. Занимаясь разведением птицы, Марго, по мере возможностей, помогает мужу и сыну содержать семью.
Для увеличения доходов своей семьи Марго решила купить одну корову, а так же запасти на зиму сено для нее. Для этого Марго необходим кредит на сумму 600.000 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.

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About Armenia

  • $6,300
    Average annual income
  • 126
    View loans »
    Armenia Loans Fundraising
  • $14,888,900
    Funds lent in using Kiva
  • 372.8
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,625 helped Margo to buy a cow and fodder.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Sep 23, 2011
Sep 26, 2011
Currency Exchange Loss:
Oct 17, 2013