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Susanna
Susanna was born in Georgia in 1958 and currently lives in Armenia, in the Achadjur village of the Tavush region. She is married and has a son, who lives separately and plans to get married soon. Susanna's husband is a retiree. Susanna teaches and parallel to that is involved in gardening. Her husband and she have a small vineyard and garden, where they grow plums, apples and persimmons. They primarily use their harvest to satisfy their own family needs, but when the harvest is especially rich, they sell part of their product. In order to increase their family income, Susanna and her husband want to start growing fruits for sale and need a loan in the sum of 1,000,000 dram for this purpose. They will able to use the loan to fence off a plot of land for a garden and buy persimmon and fig trees.
View original language description ↓
Сусанна родилась в Грузии в 1958. Сейчас она живет в Армении, в деревне Ачаджур, Тавушского региона. Она замужем и у нее есть сын, который живет отдельно и в скором времени собирается жениться. Муж Сусанны пенсионер. Сама Сусанна преподает и параллельно занимается растениеводством.
Вместе с мужем у них есть небольшой виноградник и сад, в котором они выращивают сливы, яблоки и корольки. В основном они используют полученную продукцию для нужд своей собственной семьи, но, когда выдаются особо урожайные года, они продают часть своей продукции. Для увеличения дохода своей семьи, Сусанна и ее муж хотят начать выращивать фрукты на продажу, и для этой цели им необходим кредит на сумму 1.000.000 драм. С помощью кредита они смогут огородить участок для сада и приобрести саженцы корольковых и инжирных деревьев.

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
  • 177
    View loans »
    Armenia Loans Fundraising
  • $13,240,200
    Funds lent in using Kiva
  • 383.9
    Armenia Drams (AMD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,625 helped Susanna to fence off garden and to buy persimmon and fig trees.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 11, 2011
Listed
Nov 21, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2013