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Vakhtang is 31 years old. He lives in Vardablur village, Lori marz. Vakhtang is married and he has two small children: a son and a daughter.

Vakhtang is a worker at gold-mining organization. At the same time he is engaged in animal breeding and land cultivation. On his farm Vakhtang breeds a cow, a calf, and two pigs. Also he has a garden where he grows various fruits and also pumpkins. Vakhtang uses pumpkins as a fodder for his farm animals.

He intends to develop a cattle breeding operation which will allow him to produce dairy products not only for his family's use but also for sale. Therefore Vakhtang is asking for an 800,000 Armenian Dram (AMD) loan to buy four or five calves for his farm.

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
  • 169
    View loans »
    Armenia Loans Fundraising
  • $14,954,275
    Funds lent in using Kiva
  • 374.8
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,150 helped Vakhtang to buy 4 or 5 calves for his farm.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Oct 7, 2011
Oct 13, 2011
Currency Exchange Loss:
Nov 18, 2013