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Vazgen
Vazgen was born in 1976. He lives with his pensioner parents and his wife in Ijevan city. Vazgen’s wife works at the Ijevan kindergarten as a teacher.

Since 1995 Vazgen has been engaged in a vegetables trade business. He buys vegetables from the nearest villages and resells them in the Ijevan food market in his renting place. With the profit from his business, Vazgen was able to buy a car (which he uses in his business) and furniture for his house. He has received a loan from Nor Horizon 8 times and has never delayed his repayments.

Vazgen is expecting to increase his income from his vegetable business, so he is seeking a 550,000 Armenian drams loan to add varieties of his vegetables for resale.

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
  • 125
    View loans »
    Armenia Loans Fundraising
  • $14,083,350
    Funds lent in using Kiva
  • 379.3
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,475 helped Vazgen to add varieties of his vegetables for resale.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 24, 2011
Listed
Nov 12, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013