Check out other loans that are currently fundraising!
Mher
Mher is 38 years old. He was born and grew up in Srashen village in the Kapan area. Since his youth Mher together with his parents has worked in agriculture in his native village. Mher is married and lives separately from his parents with his wife, two daughters who are 10 and 2 years old and a son who is 8 years old. Mher works as a welder but since his salary is not big, he and his wife also have an agriculture business. In their own garden Mher and his wife grow vegetables and fruits and also raise bees. They also have a rented plot of land in the village where Mher plants wheat. Mher and his wife sell their agricultural products in Kapan city. Revenues from their agriculture business help Mher to properly support his family and to help his parents.

Mher needs a loan of 800,000 Armenian dram to purchase new varieties of wheat seeds and potato seeds and to purchase new boxes for bees.
View original language description ↓
Мгеру(Mher) 38 лет.Он родился и вырос в селе Срашен(Srashen) Капанской области.С юношеских лет Мгер вместе с родителями занимается сельскохозяйственными работами в родном селе. Мгер женат и живет отдельно от родителей, вместе с женой , двумя дочерьми 10 и 2 лет и с сыном которому 8 лет. Мгер работает сварщиком , но так-как зарплата небольшая , он с женой занимается сельскохозяйственным бизнесом. В собственном огороде Мгер с женой выращивают овощи и фрукты, а так-же занимаются пчеловодством. У них есть и орендованный земельный участок в селе , где Мгер сеет пщеницу. Сельскохозяйственную продукцию Мгер с женой реализуют в городе Капан. Выручка от ихнего сельского хозяйства очень помогает Мгеру достойно содержать семью и помогать родителям.
Мгеру нужен кредит 800.000 Армянских драм для покупки новых сортов семян пшеницы,кортофеля и для покупки новых ящиков для пчел.

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.

To stay updated on loans from Armenia, please join the Armenia lending team at http://www.kiva.org/team/armenia.

About Armenia

  • $6,400
    Average annual income
  • 89
    View loans »
    Armenia Loans Fundraising
  • $12,409,950
    Funds lent in using Kiva
  • 377.9
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,125 helped Mher to buy new varieties of wheat seeds, potato seeds, and new boxes for bees.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 20, 2011
Listed
Oct 23, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013