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Narine is 46 years old and she lives in Vanadzor city. Narine is married and has a son and a daughter. Narine graduated from a teachers’ training institute but she has never worked as a teacher.

For more than 10 years, Narine has been engaged in a clothing and shoes trading business that she organized. She rents a place in Vanadzor's central trade market. Narine’s husband helps her to distribute clothes from Yerevan to Vanadzor. They buy the clothes in wholesale markets.

Thanks to profit from her clothing and shoes trading business, Narine and her husband provide for their family’s needs and help their pensioner parents.

Narine is seeking a loan of 1,000,000 Armenian drams to buy winter clothes and shoes for reselling.

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
  • 140
    View loans »
    Armenia Loans Fundraising
  • $14,433,975
    Funds lent in using Kiva
  • 379.3
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,650 helped Narine to buy winter clothes and shoes for reselling.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Oct 24, 2011
Nov 11, 2011
Currency Exchange Loss:
Dec 16, 2012