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Shake is 33 years old. She was born, raised and still lives in her beloved town of Kapan. She graduated from the Kapan secondary school. Shake got married in 1997, lives with her husband and their three sons, who are 13, 10 and 2 years old. Since 2007, Shake has been involved in private enterprise and has her own food market in her native town of Kapan. She sells candy, sweets, dairy and meat products, oil, juice, bakery goods, etc. there. This is a family business, and her husband helps her with everything. He buys products for the store at wholesale markets in Kapan and also in Yerevan. Shake already has loyal customers in town, who have preferred to make their purchases from Shake's store for many years. Despite the fact that she does not have a higher economics education, she understands business well and handles accounting and other financial matters relating to the store. Shake and her husband work almost without days off, and this is why their parents assist with raising their children. Shake needs a loan in the sum of 900 000 Armenian dram to buy new products for the New Year's and Christmas sales.
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Шаке 33 года , родилась ,выросла и живет в любимом городе Капан.Она окончила Капанскую среднюю школу. В 1997 году вышла замуж и живет с мужем.Имеет трех сыновей – по 13, 10 лет а младшему из них 2 годика.
Шаке с 2007года занимается частным предпринимательством и имеет свой продовольственный магазин в родном городе Капан, где она продает конфеты, сладости, молочные и мясные изделия,масло, соки, хлебо-булочные продукты и тд. Бизнес у Шаке семейный - во всем ей помогает муж, который закупает продукты для магазина в оптовых рынках в Капане а так-же привозит из Еревана . Шаке уже имеет постоянных клиентов в городе, которые уже многие годы предпочитают сделать свои покупки из магазина Шаке. Не смотря на то что у Шаке нет высшего экономического образования ,она хорошо знает толк в бизнесе и сама справляется с бухгалтерскими и другими учетами связанныими с магазином.Шаке с мужем работают почти без выходных и по этому с воспитанием детей им помогают их родители .
Шаке нужен кредит 900.000 армянских драмов для покупки новых продуктов для Новогодней и Рождественской продажи.

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

  • $6,300
    Average annual income
  • 127
    View loans »
    Armenia Loans Fundraising
  • $14,836,500
    Funds lent in using Kiva
  • 377.5
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,400 helped Shake to buy a new products for the New Year's and Christmas sales.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Oct 24, 2011
Oct 26, 2011
Currency Exchange Loss:
Mar 17, 2014